Under the Transfer of Property Act, 1882, which of the following is not an 'actionable claim'?
Once a debt has passed into a decree of the court, it merges into the decree and ceases to be a mere 'actionable claim' under s.3 of the Transfer of Property Act, whereas an…
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Under the Transfer of Property Act, 1882, which of the following is not an 'actionable claim'?
Answer and explanation
Correct answer A
Once a debt has passed into a decree of the court, it merges into the decree and ceases to be a mere 'actionable claim' under s.3 of the Transfer of Property Act, whereas an unpaid claim for arrears of rent remains an actionable claim until adjudicated.
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