The Indian Succession Act

Ademption explained

Non-ademption of demonstrative legacy

Ademption of specific bequest of right to receive something from third party

Ademption pro tanto by testator’s receipt of part of entire thing specifically bequeathed

Ademption pro tanto by testator’s receipt of portion of entire fund of which portion has been  specically bequeathed

Order of payment where portion of fund specifically bequeathed to one legatee, and legacy  charged on same fund to another, and, testator having received portion of that fund, remainder  insufficient to pay both legacies

Ademption where stock, specifically bequeathed, does not exist at testator’s death

Ademption pro tanto where stock, specifically bequeathed, exists in part only at testator's death

Non-ademption of specific bequest of goods described as connected with certain place, by  reason of removal

When removal of thing bequeathed does not constitute ademption

When thing bequeathed is a valuable to be received by testator from third person; and testator  himself, or his representative, receives it

Change by operation of law of subject of specific bequest between date of will and testator’s  death

Change of subject without testator’s knowledge

Stock specifically bequeathed lent to third party on condition that it be replaced

Stock specifically bequeathed sold but replaced, and belonging to testator at his death

Non-liability of executor to exonerate specific legatees

Compeletion of testator’s title to things bequeathed to be at cost of his estate

Exoneration of legatee’s immoveable property for which land-revenue or rent payable  periodically

Exoneration of specific legatee’s stock in joint-stock company


CHAPTER XVI.--Of Ademption of Legacies


Where
stock which has been specifically bequeathed is lent to a third party on condition that it shall be replaced,
and it is replaced accordingly, the legacy is not adeemed.


LAWGIST

# 165 Stock specifically bequeathed lent to third party on condition that it be replaced