September 12, 2026

Section 343 – Indian Succession Act, 1925: Procedure When No Fund Charged With, or Appropriated to, Annuity

The Indian Succession Act, 1925 — Part IX, Chapter IX: Of the Payment and Apportionment of Annuities

Section 343. Procedure when no fund charged with, or appropriated to, annuity

Where an annuity is given and no fund is charged with its payment or appropriated by the Will to answer it, a Government annuity of the specified amount shall be purchased, or, if no such annuity can be obtained, then a sum sufficient to produce the annuity shall be invested for that purpose in securities of the kind mentioned in section 341.