Rajan and Rajan

In *Rajan and Rajan*, the husband and wife were parties to family law proceedings concerning the division of their property. The dispute ultimately came before the court for determination of the financial orders to be made.

The primary legal issue before the court was how to achieve a just and equitable distribution of the parties' assets, specifically concerning the husband's obligation to make a significant payment to the wife and the mechanism for securing that payment. The court was required to determine the terms of the financial orders, including the amount payable, the timeframe for payment, and the consequences of non-compliance.

The court ordered the husband to pay the wife the sum of $96,000 within 60 days. Crucially, the court provided for a default mechanism: if the full payment was not made by the due date, the parties' real property was to be sold out of court. The proceeds of this sale were to be applied first to the costs of sale, then to discharge any mortgage or encumbrances, followed by the outstanding balance of the $96,000 payment (with interest at 7.5% per annum adjusted monthly) to the wife, and finally, any remaining balance was to be paid to the husband.