Bare ActsThe Goa Succession, Special Notaries and Inventory Proceeding Act, 2012

Section 108

Assets which devolve in a preferential manner

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Assets which devolve in a preferential manner.— (1) The successor of any assets, which are not subject to partition, and which devolve in a preferential manner, is bound to collate such improvements which have increased the value of the assets. (2) Where the assets which are not subject to partition and which are to devolve in a preferential manner have been acquired for a valuable consideration, the price of the acquisition or their value, shall be collated, at the option of the successor.

Section 108 – The Goa Succession, Special Notaries and Inventory Proceeding Act, 2012 | DailyLaw.ai