“42. To sum up the legal position
xxx xxx xxx
(V) However, a document in the nature of a Memorandum, evidencing a family arrangement already entered into and had been prepared as a record of what had been agreed upon, in order that there are no hazy notions in future, it need not be stamped or registered.”
A.C. Lakshmipathy v. A.M. Chakrapani Reddiar, AIR 2001 Madras 135: