Question
Under the Hindu Succession Act, if an intestate has left
no qualified heir to succeed to their property, what happens to the property?Solution
Escheat Section 26 Failure of heirs— If an intestate has left no heir qualified to succeed to his or her property in accordance with the provisions of this Act, such property shall devolve on the Government; and the Government shall take the property subject to all the obligations and liabilities to which an heir would have been subject.
Out of the Rs.1.3 trillion to be given as long term loans for capex needs to the states, how much has been decided to be kept as untied funds by the c...
What major announcement was made at the Digital India future SKILLS Summit, and where was the summit held?
Where was 'Indus Food 2024' inaugurated?
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Reserve Bank of India (RBI) would bring in greater transparency in the resetting of the interest rate on equated monthly installments (EMI) for floating...
SEBI has approved the launch of the beta version of T+0 settlement on an optional basis. What does T+0 settlement signify?
