The Indian Lunacy Act 1912, 4 of 1912, (Rep., Act 14 of 1987)

Section 78

Repealed or not in force · As amended up to 2026-08

Chapter V: .—Proceedings in Lunacy outside Presidency-towns.) | Section 78: All sums received by a manager on account of any estate in excess of what may be required for the cu 78. All sums received by a manager on account of any estate in excess of what may be required for the current expenses of the lunatic or of the estate, shall be paid into the public treasury on account of the estate, and shall be invested from time to time in any of the securities specified in section 20 of the Indian Trust Act, 1882, unless the Court or the Collector, as the case may be, for reasons to be recorded in writing, directs that such sums be in the interest of the lunatic otherwise invested or applied. Relative may sue for an account.

Source: India Code