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Section 110: Rateable abatement of specific legacies.

The Probate and Administration Act, 1977 (1920 A.d.)Union territory Act of Jammu and Kashmir · Act 29 of 1977

If the assets are not sufficient to answer the debts and the specific legacies, an abatement shall be made from the latter rateably in proportion to their respective amounts.

Illustration

A has bequeathed to B a diamond ring, valued at 500 rupees, and to C a horse, valued at 1,000 rupees. It is found necessary to sell all the effects of the testator, and his assets, after payment of debts, are only 1,000 rupees. Of this sum rupees 332.33P. are to be paid to B, and Rs.666.67 P. to C.

Where this provision sits

ActThe Probate and Administration Act, 1977 (1920 A.d.)
Section110
Marginal noteRateable abatement of specific legacies.
JurisdictionUnion territory of Jammu and Kashmir
StatusIn force as published by the source

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