A bequeaths his Government securities to B, an adult, but postpones delivery of them till the death of…
Succession Act section 349 gives a specific legatee the "clear produce" from the testator's death, and illustration (ii) applies that rule despite postponed delivery of…
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A bequeaths his Government securities to B, an adult, but postpones delivery of them till the death of C. Under section 349 of the Indian Succession Act, 1925, the interest falling due between A's death and C's death:
Answer and explanation
Correct answer D
Succession Act section 349 gives a specific legatee the "clear produce" from the testator's death, and illustration (ii) applies that rule despite postponed delivery of Government securities. Because B is an adult, the intervening interest is paid as received rather than accumulated until C's death or diverted to C.