Indian Succession Act, 1925Indian Succession Act, 1925Indian Succession Act, 1925
 
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Indian Succession Act, 1925

 

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Indian Succession Act, 1925

  
 

CHAPTER VII: Of the Duties of an Executor or Administrator

321.

Expenses to be paid next after such expenses

322.

Wages for certain services to be next paid, and then other debts

323.

Save as aforesaid, all debts to be paid equally and rateably

324.

Application of moveable property to payment of debts where domicile not in India

325.

Debts to be paid before legacies

326.

Executor or administrator not bound to pay legacies without indemnity

327.

Abatement of general legacies

328.

Non-abatement of specific legacy when assets sufficient to pay debts

329.

Right under demonstrative legacy when assets sufficient to pay debts and necessary expenses

330.

Rateable abatement of specific legacies

331.

Legacies treated as general for purpose of abatement

  
 

CHAPTER VIII: Of Assent to a Legacy by Executor or Administrator

332.

Assent necessary to complete legatee's title

333.

Effect of executor's assent to specific legacy

334.

Conditional assent

335.

Assent of executor to his own legacy

336.

Effect of executor's assent

337.

Executor when to deliver legacies

  
 

CHAPTER IX: Of the Payment and Apportionment of Annuities

338.

Commencement of annuity when no time fixed by will

339.

When annuity, to be paid quarterly or monthly, first falls due

340.

Dates of successive payments when first payment directed to be made within a given time or on day certain: death of annuitant before date of payment

  
 

CHAPTER X: Of the Investment of Funds to provide for Legacies

341.

Investment of sum bequeathed, where legacy, not specific, given for life

342.

Investment of general legacy, to be paid at future time: disposal of intermediate interest

343.

Procedure when no fund charged with, or appropriated to, annuity

344.

Transfer to residuary legatee of contingent bequest

345.

Investment of residue bequeathed for life, without direction to invest in particular securities

346.

Investment of residue bequeathed for life, with direction to invest in specified securities

347.

Time and manner of conversion and investment

348.

Procedure where minor entitled to immediate payment or possession of bequest, and no direction to pay to person on his behalf

349.

Legatee's title to produce of specific legacy

  
 

CHAPTER XI: Of the Produce and Interest of Legacies

350.

Residuary legatee's title to produce of residuary fund

351.

Interest when no time fixed for payment of general legacy

352.

Interest when time fixed

353.

Rate of interest

354.

No interest on arrears of annuity within first year after testator's death

355.

Interest on sum to be invested to produce annuity

  
 

CHAPTER XII: Of the Refunding of Legacies

356.

Refund of legacy paid under Court's orders

357.

No refund if paid voluntarily

358.

Refund when legacy has become due on performance of condition within further time allowed under section 137

359.

When each legatee compellable to refund in proportion

360.

Distribution of assets

361.

Creditor may call upon legatee to refund

362.

When legatee, not satisfied or compelled to refund under section 361, cannot oblige one paid in full to refund

363.

When unsatisfied legatee must first proceed against executor, if solvent

364.

Limit to refunding of one legatee to another

365.

Refunding to be without interest

366.

Residue after usual payments to be paid to residuary legatee

367.

Transfer of assets from India to executor or administrator in country of domicile for distribution

  
 

CHAPTER XIII: Of the Liability of an Executor or Administrator for Devastation

368.

Liability of executor or administrator for devastation

369.

Liability of executor or administrator for neglect to get any part of property

  
 

PART X: SUCCESSION CERTIFICATES

370.

Restriction on grant of certificates under this Part

371.

Court having jurisdiction to grant certificate

372.

Application for certificate

373.

Procedure on application

374.

Contents of certificate

375.

Requisition of security from grantee of certificate

376.

Extension of certificate

377.

Forms of certificate and extended certificate

378.

Amendment of certificate in respect of powers as to securities

379.

Mode of collecting Court-fees on certificates

380.

Local extent of certificate

381.

Effect of certificate

382.

Effect of certificate granted or extended by Indian representative in foreign State and in certain other cases

383.

Revocation of certificate

384.

Appeal

385.

Effect on certificate of previous certificate, probate or letters of administration

386.

Validation of certain payments made in good faith to holder of invalid certificate

387.

Effect of decisions under this Act, and liability of holder of certificate thereunder

388.

Investiture of inferior Courts with jurisdiction of District Court for purposes of this Act

389.

Surrender of superseded and invalid certificates

390.

Provisions with respect to certificates under Bombay Regulation 8 of 1827

  
 

PART XI: MISCELLANEOUS

391.

Saving

392.

Repeals

  
 

SCHEDULE I

 

SCHEDULE II

 

SCHEDULE III

 

SCHEDULE IV

 

SCHEDULE V

 

SCHEDULE VI

 

SCHEDULE VII

 

SCHEDULE VIII

 

SCHEDULE IX

 

Indian Succession Act, 1925

Section 1 - 80 | Section 81 - 160 | Section 161 - 240 | Section 241 - 320 | Section 321 - 392

 

 

 

 

 

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