The Indian Succession Act, 1925 · XVI — .— Of Ademption of Legacies

Section 158. Ademption where stock, specifically bequeathed, does not exist at testator's death

In force · As amended up to 2026-08

158. Ademption where stock, specifically bequeathed, does not exist at testator's death.— Where stock which has been specifically bequeathed does not exist at the testator's death, the legacy is adeemed. Illustration A bequeaths to B— "my capital stock of 1,000£ in East India Stock": "my promissory notes of the Central Government for 10,000 rupees in their 4 per cent. loan." A sells the stock and the notes. The legacies are adeemed.

Source: India Code