September 12, 2026

Section 355 – Indian Succession Act, 1925: Interest on Sum to Be Invested to Produce Annuity

The Indian Succession Act, 1925 — Part IX, Chapter XI: Of the Produce and Interest of Legacies

Section 355. Interest on sum to be invested to produce annuity

Where a sum of money is directed to be invested to produce an annuity, interest is payable on it from the death of the testator.