Bare ActsThe indian succession act,1925

Section 138

Direction that fund be employed in particular manner following absolute bequest of same to or for benefit of a

Amendment status not verified — confirm the current text below against the official source.

Direction that fund be employed in particular manner following absolute bequest of same to or for benefit of any person.- Where a fund is bequeathed absolutely to or for the benefit of any person, but the will contains a direction that it shall be applied or enjoyed in a particular manner, the legatee shall be entitled to receive the fund as if the will had contained no such direction. Illustration A sum of money is bequeathed towards purchasing a country residence for A, or to purchase an annuity for A, or to place A in any business. A choses to receive the legacy in money. He is entitled to do so.

Section 138 – The indian succession act,1925 | DailyLaw.ai