Indian Succession Act, 1925
104. Time of vesting legacy in general terms.—
If a legacy is given in general terms, without specifying the time when
Section 331 in The Indian Succession Act, 1925
331. Legacies treated as general for purpose of abatement.—
For the purpose of abatement, a legacy ... been appropriated to produce it, shall be treated as general legacies
Interest when no time fixed for payment of general legacy.—
Where no time has been fixed for the payment of a general legacy, interest begins
legacy of shares to the Appellants was not a specific legacy. The passage reads :
"A money legacy is prima facie a general legacy ... legacy and a demonstrative legacy consists in this, that-
Where specified property in given to the legatee, the legacy is specific.
Where the legacy
that could not be treated as specific legacy but as a part of demonstrative legacy or general legacy it was liable to abate ... Court should also hold that the legacies created in favour of the respondents were not specific legacies, but general legacies. In the case repprted
The Probate and Administration Act, 1977
JAMMU & KASHMIR
India
The Probate and Administration Act
The Probate and Administration Act, 1977
LADAKH
India
The Probate and Administration Act, 1977
Act
This distinction between specific legacies and residuary legacies was adverted to by Viscount Finlay in Barnardo's Homes Case ... Succession Act enjoins that the executor, when there is a general legacy to be paid at a future time should invest sum sufficient to meet
defendant was an executor de son tort, and has made its decree generally and for discovery especially, on the footing of the liability ... administration consists, generally speaking, in the payment of the funeral expenses of the deceased, in the payment of debts and legacies and in the collection
case of bequest and it is not a specific but a demonstrative legacy. It is a bequest of some money not necessarily part ... others of the same kind and as such it is a general legacy. Demonstrative legacy has been defined in Section 150 of the Succession