LawgistThe Indian Succession Act
138Direction that fund be employed in particular manner following absolute bequest of same to or for benefit of any person
Where a fund is bequeathed absolutely to or for the benefit of any person, but the will contains a direction that it shall be applied or enjoyed in a particular manner, the legatee shall be entitled to receive the fund as if the will had contained no such direction.
Illustration
A sum of money is bequeathed towards purchasing a country residence for A, or to purchase an annuity for A, or to place A in any business. A choses to receive the legacy in money. He is entitled to do so.
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CHAPTER XII.--Of Bequests with Directions as to Application or Enjoyment
- 138 Direction that fund be employed in particular manner following absolute bequest of same to or for benefit of any person
- 139 Direction that mode of enjoyment of absolute bequest is to be restricted, to secure specified benefit for legatee
- 140 Bequest of fund for certain purposes, some of which cannot be fulfilled
