Indian Succession Act : Ademption where stock, specifically bequeathed, does not exist attestator's

Indian Succession Act,1925

Act No : 39

Section : Ademption where stock, specifically bequeathed, does not exist attestator's death.

158. Ademption where stock, specifically bequeathed, does notexist at testator's death.-Where stock which has been specificallybequeathed does not exist at the testator's death, the legacy isadeemed. Illustration A bequeaths to B-- "my capital stock of 1,000 l. in East India Stock": "my promissory notes of the Central Government for 10,000 rupees in their 4 per cent. loan." A sells the stock and the notes. The legacies are adeemed.