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TypeBare Act JurisdictionCentral Government

Succession Act, 1925 Section 345

INVESTMENT OF RESIDUE BEQUEATHED FOR LIFE, WITHOUT DIRECTION TO INVEST IN PARTICULAR SECURITIES

~1 min read
https://sooperkanoon.com/act/465550

Bare act section · Research

About this section

Succession Act, 1925 Section 345 is part of Succession Act, 1925 - INVESTMENT OF RESIDUE BEQUEATHED FOR LIFE, WITHOUT DIRECTION TO INVEST IN PARTICULAR SECURITIES. Read the section text below and explore Indian court judgments that cite it.

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Section Text

1) Where the testator has bequeathed the residue of his estate lo a person for life without any direction to invest it in any particular securities, so much thereof as is not at the time of the testator's decease invested in securities of the kind mentioned in section 341 shall be converted in to money and invested in such securities.

(2) This section shall not apply if the deceased was a Hindu, Muhammadan, Buddhist, Sikh or Jaina or an exempted person.

Frequently asked questions

What does Succession Act, 1925 Section 345 provide?

Section Section 345 of the Succession Act, 1925 (INVESTMENT OF RESIDUE BEQUEATHED FOR LIFE, WITHOUT DIRECTION TO INVEST IN PARTICULAR SECURITIES) is reproduced on this page as part of the Succession Act, 1925. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Succession Act, 1925 Section 345?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Succession Act, 1925 Section 345. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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