Section 175 of the Indian Succession Act, 1925 – Abatement of annuity

Home › The Indian Succession Act, 1925 › Part VI – Part vi

Section 175: Abatement of annuity

Where an annuity is bequeathed, but the assets of the testator are not sufficient to pay all the legacies given by the will, the annuity shall abate in the same proportion as the other pecuniary legacies given by the will.

Source: official text of The Indian Succession Act, 1925 as published on India Code (PDF). All sections of the Indian Succession Act, 1925.

Related posts:

  1. The Indian Succession Act, 1925 – All Sections
  2. Section 174 of the Indian Succession Act, 1925 – Period of vesting where will directs that annuity be provided out of proceeds of property, or out of property generally, or where money bequeathed to be invested in purchase of annuity
  3. Section 176 of the Indian Succession Act, 1925 – Where gift of annuity and residuary gift, whole annuity to be first satisfied
  4. Section 113 of the Indian Succession Act, 1925 – Bequest to person not in existence at testator’s death subject to prior bequest