In force · As amended up to 2026-08
143. Bequest of certain sum where stocks, etc., in which invested are described.— 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.
Source: India Code