Surplus how to be dealt with

Any surplus which remains after providing, so far as the Court deems fit for the objects mentioned in section 32, shall be applied in the purchase of other landed property, or invested at interest on the security of— (a) promissory notes, debentures, stock and other securities of the Central Government; (b) bonds, debentures and annuities charged by the Parliament of the United Kingdom before the 15th day of August 1947, on the revenues of India or of the Governor-General in Council or of any Province; (c) stock, or debentures of, or shares in, railways or other companies, the interest whereon has been guaranteed by the Secretary of State for India, in Council; (d) debentures, or other securities for money, issued by, or on behalf of, any local authority under the authority of any Central Act, any Provincial Act as defined in clause (46) of section 3 of the General Clauses Act, 1897, or any State Act; (e) such other securities, stock, or shares guaranteed by the Central Government or the State Government as the Court shall deem fit; or, (f) first mortgages of immovable property situate in India provided that the property is not a leasehold for a term of years and that the value of the property exceeds by one-third or if consisting of buildings, exceeds by one half, the mortgage-money.