Settlement - Definition - Law Dictionary Home Dictionary Definition settlement

Definition :

Settlement, means an agreement ending a dispute or a law suit, Black's Law Dictionary, 7th Edn., p. 1377.

Settlement, suggests that, in the process of vesting, the right to possession in such lands is also vested in the State, and thereafter it is settled back with the outgoing proprietor by the operation of law, Brijnandan Singh v. Jamuna Prasad Sahu, AIR 1958 Pat 589.

Settlement, the act of giving possession by legal sanction; a jointure granted to a wife; a disposition of either real or personal property or both for the benefit of one person for his life, and after his death for the benefit of another person absolutely, or with a similar ultimate devolution for the use of several persons in succession after the person first named. See last title, and SETTLEMENT ESTATE DUTY.

The conveyance of property -- or of interests in property -- to provide for one or more beneficiaries, usu. members of settlor's family in a way that differs from what the beneficiaries would receive as heirs under statutes of descent and distribution-, Black's Law Dictionary, 7th Edn., p. 1377.

(In the Poor Law), the fixture of a person on becoming a poor person in a particular parish, to which is attached a right, first regulated by the Poor Relief Act, 1662 (14 Car. 2, c. 12), to be maintained by that parish and a liability to be removed thereto. In the early part of the nineteenth century, the law of settlement, inconsequence of the increased facilities for locomotion, led to very frequent litigation between parishes, which has gradually diminished by the introduction of the 'status of irremovability,' upon acquiring which a poor person is no longer liable to be removed. Now a person shall be deemed to be settled in the county or county borough in which he was born until shown to have derived or acquired a settlement elsewhere. A person may derive a settlement from a parent or husband, acquire a settlement, by (1) residence, (2) apprenticeship, (3) estate, (4) renting a tenement, (4) paying rates or takes, or be presumed to be settled by reason of an estoppel [see Poor Law Act, 1930 (20 Geo. 5, c. 17), Part III.]. See DERIVATIVE SETTLEMENT; POOR LAWS; and Chitty's Statutes, tit. 'Poor (Settlement and Removal).'

Means settling the property, right or claim-convey-ance or disposition of property for the benefit of another, Commissioner of Gift Tax v. N.S. Getty, AIR 1971 SC 2410: (1971) 2 SCC 741: (1972) 1 SCR 736.

Means a settlement arrived at in the course of conciliation proceeding and includes a written agreement between the employer and workmen arrived at otherwise than in the course of conciliation proceeding where such agreement has been signed by the parties thereto in such manner as may be prescribed and a copy thereof has been sent to an officer authorised in this behalf by the appropriate Government and the conciliation officer. [Industrial Disputes Act, 1947 (14 of 1947), s. 2(p)]

Means an instrument (other than a will or codicil) as defined by the Indian Succession Act, 1925 where-by the destination or devolution of successive interests movable or immovable property is dis-posed of or is agreed to be disposed of. [Specific Relief Act, 1963 (47 of 1963), s. 2(b)]

Defined. [Indian Stamp Act, 1899, s. 2(24)]