Succession Act, 1925
Succession Act, 1925 — Section 143: Bequest of certain sum where stocks, etc
143. 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 2[National Bank of Pakistan]”: “10, 000 rupees, at present secured by mortgage of 3[Rahimyarkhan] factory.” No one of these legacies is specific.
This is the text of the provision as enacted. It is legal information, not legal advice, and it cannot account for the facts of your own matter. For advice on your situation, consult a verified advocate.
