What is the term for any document, excluding a will or codicil as per the Indian Succession Act, that disposes of or agrees to dispose of successive interests in movable or immovable property?
Explanation
A settlement is a legal instrument (other than a will or codicil under the Indian Succession Act) that arranges for the transfer or future transfer of successive interests in both movable and immovable property. Affidavits, powers of attorney, and general instruments do not serve this specific purpose.