Mera Samvidhaan All of Indian Succession Act, 1925

Part VI · Chapter XIV · Of Specific Legacies

143Bequest of certain sum where stocks, etc., in which invested are described.

Section 143 · Part VI · Chapter XIV · page 53 of the Act

Where a certain sum is bequeathed, the legacy is not specific merely because the stock, funds or securities in which it is invested are described in the will.

Illustration

A bequeaths to B—

“10,000 rupees of my funded property”:

“10,000 rupees of my property now invested in shares of the East Indian Railway Company”:

“10,000 rupees, at present secured by mortgage of Rampur factory”.

No one of these legacies is specific.

Section 143 of The Indian Succession Act, 1925 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.