Which of the following is not liable to attachment and sale in execution of a decree?
Section 60(1)(kb) of the Code of Civil Procedure, 1908 exempts from attachment all money payable under a policy of insurance on the life of the judgment-debtor, so "Money…
Choose your answer
Which of the following is not liable to attachment and sale in execution of a decree?
Answer and explanation
Correct answer C
Section 60(1)(kb) of the Code of Civil Procedure, 1908 exempts from attachment all money payable under a policy of insurance on the life of the judgment-debtor, so "Money payable under policy of insurance" is the item not liable to attachment and sale. Land and buildings, money, cheques and shares belonging to the judgment-debtor are expressly made attachable by section 60(1).
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