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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