The Indian Succession Act, 1925 — Part VI, Chapter XIV: Of Specific Legacies
Section 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 East Indian Railway Company”; “10,000 rupees, at present secured by mortgage of Rampur factory”. None of these legacies is specific.
