Section 58
Settlement:
58. Settlement:
A-Instrument of settlement (including a deed of dower)
(a) Settlement in favour of (a)
er or members of a family. (a) Settlement in
member or members of a family.
Explanation:
Under this article 'Family' means Father, Mother, Husband, Wife, Brother, Sister, Son, Daughter and
includes Grand Father, Grand Brother,
includes Grand Father, Grand Mother, Grand Child, Adoptive Father or Mother, Adopted Son or Daughter. (b) in any other case
Exemption:
Deed of dower executed on the occassion of a marriage between Mohammedans.
°
(a) same duty as a bond (No. 15) for
amount as set (a) same duty
a sum equal to the amount as set forth in such settlement or market
which is the forth in such
value of the property, which is the subject matter of such settlement;
Provided that where an agreement to settle is stamped with the stamp required for an instrument of settlement and an instrument is settlement in pursuance of such agreementis subsequenlly executed the duty on such instrument shall be the duty as mentioned in article 5.
(b) Rs. 6/- (Six) rupees for every 100 Rupees or part thereof of the market value of the property which is the
subject matter of settlement. alue of the property which
subject matter of settlement.
2
B—Revocation of
Share Warrants to bearer issued
Exemptions:
Share warrant when issued by a
of the Indian Share warrant
- Company in pursuance of the Indian
(VII of 1913) Company in
Companies Act, 1913 (VII of 1913)
fect only upon Companies Act,
Roop's Law Assist