Section 5 of SDMP Act, 1893 : Section 5: Mansion-House Limited To The Use Of The Baronet For The Time Being
SDMP Act, 1893
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Explanation using Example
Imagine there is a grand property in Mumbai, known as "Petit Hall," which belonged to Sir Dinshaw Manockjee Petit. According to Section 5 of The Sir Dinshaw Manockjee Petit Act, 1893, this property is to be held in trust with specific conditions. Sir Dinshaw enjoys the use of Petit Hall for his lifetime.
After Sir Dinshaw's passing, if his son Framjee Dinshaw Petit outlives him, Framjee will have the right to use the pr...
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