Sale and investment of proceeds of property bequeathed to two or more persons in succession

Q: When did Section 148 of the Indian Succession Act come into force?

Section 148 of the Indian Succession Act, cited as Succession Act 148, came into force on 30 Sep 1925, having been enacted on 30 Sep 1925. It is in force as at the date shown on this page.

In force From 30 Sep 1925 Act 39 of 1925 As on 17 Oct 2026

Act 39 of 1925 Ministry Law and Justice Enacted 30 Sep 1925 In force 30 Sep 1925

Section 148 of the Indian Succession Act, 1925 deals with sale and investment of proceeds of property bequeathed to two or more persons in succession. Where property comprised in a bequest to two or more persons in succession is not specifically bequeathed, it shall, in the absence of any direction to the contrary, be sold, and the proceeds of the sale shall be invested in such securities as the High Court may by any general rule authorise or dire The Act came into force on 30 Sep 1925.

Where property comprised in a bequest to two or more persons in succession is not specifically bequeathed, it shall, in the absence of any direction to the contrary, be sold, and the proceeds of the sale shall be invested in such securities as the High Court may by any general rule authorise or direct, and the fund thus constituted shall be enjoyed by the successive legatees according to the terms of the will.
Illustration
A, having a lease for a term of years, bequeaths all his property to B for life, and, after B's death to C. The lease must be sold, the proceeds invested as stated in this section and the annual income arising from the fund is to be paid to B for life. At B's death the capital of the fund is to be paid to C.
Section 148, The Indian Succession Act, 1925 (Act 39 of 1925).

Questions about Section 148

What does Section 148 of the Indian Succession Act deal with?

Section 148 of the Indian Succession Act is headed "Sale and investment of proceeds of property bequeathed to two or more persons in succession". Where property comprised in a bequest to two or more persons in succession is not specifically bequeathed, it shall, in the absence of any direction to the contrary, be sold, and the proceeds of the sale shall be invested in such securities as the High Court may by any general rule authorise or dire

How do I find court cases under Section 148 of the Indian Succession Act?

In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Succession Act 148, section 148 Succession Act, section 148 of the Indian Succession Act. People searching for it also type section 148 of indian succession act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.

When did Section 148 of the Indian Succession Act come into force?

Section 148 of the Indian Succession Act, cited as Succession Act 148, came into force on 30 Sep 1925, having been enacted on 30 Sep 1925. It is in force as at the date shown on this page.

Other sections of this Act

Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 17 Oct 2026. This page is not a substitute for legal advice.