https://www.taxtmi.com/caselaws?id=280790 A will was construed to determine whether the sons took a vested interest on the testator's death or only a contingent interest after the widow's death. Reading the instrument as a whole, and applying the statutory distinction between vested and contingent interests under the Transfer of Property Act and the Indian Succession Act, the disposition was treated as creating immediate beneficial rights in favour of the sons from the testator's death. Postponement of enjoyment and partition of some properties until majority or the widow's death did not defer vesting, and the direction to use income for maintenance reinforced that conclusion. The bequest was therefore held to be vested on the testator's death. en-us Mon, 08 Jul 1996 00:00:00 +0530 Tue, 21 May 2019 16:15:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280790 A will was construed to determine whether the sons took a vested interest on the testator's death or only a contingent interest after the widow's death. Reading the instrument as a whole, and applying the statutory distinction between vested and contingent interests under the Transfer of Property Act and the Indian Succession Act, the disposition was treated as creating immediate beneficial rights in favour of the sons from the testator's death. Postponement of enjoyment and partition of some properties until majority or the widow's death did not defer vesting, and the direction to use income for maintenance reinforced that conclusion. The bequest was therefore held to be vested on the testator's death. Case-Laws Indian Laws Mon, 08 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280790