Bare ActsThe indian succession act,1925

Section 143

Bequest of certain sum where stocks, etc

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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.

Section 143 – The indian succession act,1925 | DailyLaw.ai