Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 11] [Entire Act]

State of Manipur - Section

Section 49 in The Court of Wards Act, 1879

49. Disposal of surplus moneys.

- If the ward is a female of sound mind, who has completed her age of twenty-one years, or a male has completed his age of twenty-one years, whose property is under the charge of the Court under Clause (e) of Section 6, any surplus which remains after providing, so far as the Court may think it, for the objects mentioned in Section 48 shall be paid to such ward:Provided that, before paying any portion of such surplus to such wards, the Court may deduct therefrom and retain at its disposal any sums which it may consider necessary to retain-
(1)as a working balance for the management of the property and expenses incidental thereto;
(2)in order to make provision for any special charges which are expected to become payable on account of the property, and which probably cannot be met from the expected surplus of the following years.