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  •  Which of the following is true in regards to the Indian Succession

 Which of the following is true in regards to the Indian Succession Act's definitions of charitable and religious endowments?

Option: 1

According to the Indian Succession Act, at least 50% of a decedent's assets must be left to religious or charitable organisations.


Option: 2

Under the Act, endowments created for benevolent or religious purposes are protected from expiring, even if they fail for the first time.


Option: 3

According to the Act, a legacy given to an idol is only legitimate if it is located on the testator's property


Option: 4

It is against the Indian Succession


Answers (1)

best_answer

When an endowment for a religious or philanthropic purpose fails under the Indian Succession Act, whether because it cannot be fulfilled or because the purpose for which it was formed is prohibited, it does not always expire. Instead, the assets may be used for a charity or religious cause that is as close to the testator's original wish as is possible. The provisions of the Act relating to endowments for religious and charitable purposes are not accurately represented by the other options. options B is the correct option.

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Gaurav

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