What is meant by 'Settlement'?

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 Settlement is a document other than Will by which, the settler makes arrangement/ management of his immovable and movable property during his life time for the following 1. In consideration of marriage 2. For the purpose of distribution of the property amongst family members or for whom he wishes to make provision for or for any person depending on him, or 3. Any written arrangement/ management made for any religious or charitable purposes.

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