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 351: Interest when no time fixed for payment of general legacy.
    Where no time has been fixed for the payment of a general legacy, interest begins to run from expiration of one year from the testator's death.
     Exception.-- (1) Where the legacy is bequeathed in satisfaction of a debt, interest runs from the death of the testator.
     (2) Where the testator was a parent or a more remote ancestor of the legatee, or has put himself in the place of a parent of the legatee, the legacy shall bear interest from the death of the testator.
     (3) Where a sum is bequeathed to a minor with a direction to pay for his maintenance out of it, interest is payable from the death of the testator.
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