Act Number: 39

Act Name: The Indian Succession Act, 1925

Year: 1925

Enactment Date: 1925-09-30

Long Title: An Act to consolidate the law applicable to intestate and testamentary succession.

Ministry: Ministry of Law and Justice

Department: Legislative Department

Section 144: Bequest of stock where testator had, at date of will, equal or greater amount of stock of same kind.
    Where a bequest is made in general terms of a certain amount of any kind of stock, the legacy is not specific merely because the testator was, at the date of his will, possessed of stock of the specified kind, to an equal or greater amount than the amount bequeathed.
     Illustration
     A bequeaths to B 5,000 rupees five per cent. Government securities. A had at the .date of the will five per cent. Government securities for 5,000 rupees. The legacy is not specific.
Previous Section Next Section
Scroll to Top