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Notice
notice that equity will not allow the presumption to be rebutted. [S. 154, I.P.C. and Art. 61(2)(a) const. 56 Indian Evidence … see infra); (2) trusts, settlements and equities of every kind created or arising before 1926, unless shielded by the 'curtain' [see
Contingent remainder
Contingent remainder, a remainder limited so as to depend on an event … the 31st day of December, 1844, shall be, and, if created before the passing of this Act, shall be deemed to
Wills
of Living Person.-By the (English) Jud. Act, 1925, s. 172, replacing s. 91 of the Court of Probate Act, 1857:- There … to the property or the instrument under which it was created or acquired, or to entailed property generally. If not so
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Trust for sale
in settlements and well-drawn wills. The effect was to convert realty into personalty so that the proceeds devolved upon the beneficiaries … Act, 1925, provides, in regard to all trusts for sale created or arising before or after 1926, for the duration or
condition
of the obligated party make the obligation null, and that resolutory conditions which depend on the will of the obligated party … existing duty under a contract constructive condition : a condition created by operation of law called also condition implied in law
Debenture
sealed, see British India, etc., Co. v. Commissioners of Inland Revenue, (1881) 7 QBD 165] of certain pro-perty with the repayment … on the assets of the company or not. The charge created by debentures as a rule is fixed on the company's
Heirloom
under the limitations of the settlement, becomes entitled to the real estate for a vested estate of inheritance; see Portman v. … Property Act, 1925, which enables an entailed interest to be created in personal as well as real estate (see TAIL). Under
Rent
Rent [fr. reditus Lat.], a certain profit issuing yearly out of … future interest or reversion in the land. It is usually created by deed or will, and was accompanied by express powers
Stamp duties
Stamp duties, a branch of the revenue. They are a tax imposed on all parchment and paper … legal or equitable, or (5) Settlements, the Act of 1888 created the new offence of not stamping, imposing the special penalty
Springing use
infant) in fee attaining twenty-one years of age, the use results to the settlor until, if ever, the period arrives and … virtue of the Statute of Uses. Grants which would have created springing or shifting uses if they had been made inter
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