JUDGMENT : 1. The fate of this appeal should depend upon the construction of the terms of Ext. Al document. If it is to be interpreted as a Will, then the appellant should lose. On the other hand, if it is construed as a settlement conferring rights in praesenti, he has to be given a decree. Both the courts below construed Ext.Al document as a Will and non-suited the plaintiff. 2. Shorn off unnecessary details, the paternal grandmother of the plaintiff executed Ext.Al settlement deed dated 5.11.2003 in his favour in respect of 38.999 cents of land with a building therein. By Ext.A6 cancellation deed dated 5.5.2008 the settelor under Ext.Al cancelled Ext.Al document treating it as a Will. The challenge against the said cancellation deed was that Ext.Al is a settlement deed which the plaintiff which cannot be taken away at a latter stage by executing a cancellation deed. On the basis of those allegations, the suit was laid for cancellation of Ext.A6 and for other reliefs. 3. The defendant resisted the suit by pointing out that Ext.Al was intended to be only a Will and the settleor under that document is entitled to vary the document at her wish. It is clear on a reading of Ext.Al, according to the defendant, that the rights in favour of the plaintiff are to come into existence only on the death of the defendant and he gets no existing rights in respect of the property. Possession continued with the defendant and no rights whatsoever were exercised nor was the property enjoyed by the plaintiff. Contending so, she prayed for a dismissal of the suit. 4. On the basis of the above pleadings, issues were raised and parties went to trial. Exts.Al to A6 were marked from the side of the plaintiff. No evidence was adduced on the side of the defendant. 5. As already stated, both the courts below on construction of the terms of Ext.Al document came to the conclusion that it is only a Will and therefore the suit has to be dismissed and did so. 6. At the time of admission of the Second Appeal, the following questions of law were formulated: “(i) Whether the courts below went wrong in interpreting the terms of Ext.Al as a Will? (ii) Is there not a divestiture of title in favour of the donee (the appellant) as per Ext. Al?” 7. 6. At the time of admission of the Second Appeal, the following questions of law were formulated: “(i) Whether the courts below went wrong in interpreting the terms of Ext.Al as a Will? (ii) Is there not a divestiture of title in favour of the donee (the appellant) as per Ext. Al?” 7. The sole question that arises for consideration is regarding the nature and character of Ext. Al document. Shri. S. Sreekumar, learned Senior Counsel appearing for the appellant contended that both the courts below have misunderstood the terms of the document and misconstrued the deed and the findings are erroneous both on facts and in law. On a reading of Ext.Al as a whole, it is quite evident, according to the learned counsel, that vested rights are created in praesenti though the enjoyment is postponed to a future date. It is not as if a right in favour of the grantee under Ext.Al document is to take effect on a future date. He gets rights in praesenti, though the settlor reserves certain rights in herself to be exercised during her lifetime. It is true, according to the learned Senior Counsel, that absolute right in respect of the property is to vest with the plaintiff only on the death of the settlor. But that by itself is not a ground to come to the conclusion that the document is a Will. The distinction lies in properly construing the document and reaching a conclusion whether the rights created is vested right or contingent right. 8. Learned Senior Counsel pointed out that he had no quarrel with the proposition that in ascertaining the rights under the document, the document has to be read as a whole and the intention of the parties had to be gathered from the same. Neither the nomenclature nor the sentences taken out of context is relevant to characterize a document to fall within a particular category. According to the learned counsel, when the document is read as a whole, it can be seen that the settlor divested herself with certain rights and interest in the immovable property and that vested in the grantee. Neither the nomenclature nor the sentences taken out of context is relevant to characterize a document to fall within a particular category. According to the learned counsel, when the document is read as a whole, it can be seen that the settlor divested herself with certain rights and interest in the immovable property and that vested in the grantee. It is clear from the document that vested rights are created in favour of the grantee, and the mere fact that he is to enjoy the property and exercise absolute rights over the property only after the death of the grantor cannot divest the grantee of the vested rights that have accrued to him as per the document. In support of his contention, he relied on the