Mera Samvidhaan All of Indian Succession Act, 1925

Part VI · Chapter XX · Of Bequests of Annuities

176Where gift of annuity and residuary gift, whole annuity to be first satisfied.

Section 176 · Part VI · Chapter XX · page 61 of the Act

Where there is a gift of an annuity and a residuary gift, the whole of the annuity is to be satisfied before any part of the residue is paid to the residuary legatee, and, if necessary, the capital of the testator’s estate shall be applied for that purpose.

Section 176 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.