Bare ActsThe Indian Stamp Act, 1899

Section 58

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Settlement: A-Instrument of settlement (including a deed of dower) (a) Settlement in favour of (a) (a) same duty as a bond (No. 15) for member or members of a family. a sum equal to the amount as set forth in such settlement or market 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. Explanation: Under this article 'Family’ means Father, Mother, Husband, Wife, Brother, Sister, Son, Daughter and includes Grand Father, Grand Mother, Grand Child, Adoptive Father or Mother, Adopted Son or Daughter. (b) in any other case (b) Rs. 6/- (Six) rupees for every 100 Rupees or part thereof of the market value of the property which is the Exemption: subject matter of settlement. Deed of dower executed on the occassion of a marriage between Mohammedans. 142] Bihar Stamp Manual [ Schedule 1A 2 3

Section 58 – The Indian Stamp Act, 1899 | DailyLaw.ai