Escheat and bona vacantia transfer ownerless property to the state subject to prior trusts and charges. Property of an intestate without lawful heirs and assets of a dissolved corporation vest in the state as escheat or bona vacantia, subject to existing trusts and charges; bona vacantia extends to personal property, and historical common law principles were applied in India by statute though the escheat of some real property was later abolished.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Escheat and bona vacantia transfer ownerless property to the state subject to prior trusts and charges.
Property of an intestate without lawful heirs and assets of a dissolved corporation vest in the state as escheat or bona vacantia, subject to existing trusts and charges; bona vacantia extends to personal property, and historical common law principles were applied in India by statute though the escheat of some real property was later abolished.
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