When the testator has bequeathed the residue of his estate of a person for life with a direction that it shall
be invested in certain specified securities, so much of the estate as is not at the time of his death invested
in securities of the specified kind shall be converted into money and invested in such securities.
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Section 346
Investment of Residue Bequeathed for Life, with Direction to Invest in Specified Securities.
The Indian Succession Act, 1925