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Under the Transfer of Property Act, 1882, which one of the following is not an actionable claim?

Under s.3 of the Transfer of Property Act, an actionable claim is a claim to an unsecured debt or to a beneficial interest in movable property not in possession, such as…

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Under the Transfer of Property Act, 1882, which one of the following is not an actionable claim?

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Correct answer D

Under s.3 of the Transfer of Property Act, an actionable claim is a claim to an unsecured debt or to a beneficial interest in movable property not in possession, such as arrears of rent, a provident fund payable after retirement, or a partnership share. A debt secured by mortgage, hypothecation or pledge is expressly excluded from the definition.

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