Section Text
a) "obligation" includes every duty enforceable by law ;
(b) "settlement" means an instrument (other than a will or codicil as defined by the Indian Succession Act, 1925) (16 of 1925)-, whereby the destination or devolution of successive interests movable or immovable property is disposed of or is agreed to be disposed of;
(c) "trust" has the same meaning as in section 3 of the Indian Trusts Act, 1882 (2 of 1882), and includes an obligation in the nature of a trust within the meaning of Chapter 9of that Act;
(d) "trustee" includes every person holding property in trust;
(e) all other words and expressions used herein but not defined, and defined in the Indian Contract Act, 1872 (9 of 1872)-, have the meanings respectively assigned to them in that Act.