Section 323, Indian Succession Act, 1925 — Save as aforesaid, all debts to be paid equally and rateably

Part IX · Chapter VII · Of the Duties of an Executor or Administrator

323Save as aforesaid, all debts to be paid equally and rateably.

Section 323 · Part IX · Chapter VII · page 85 of the Act

Save as aforesaid, no creditor shall have a right of priority over another; but the executor or administrator shall pay all such debts as he knows of, including his own, equally and rateably as far as the assets of the deceased will extend.

Section 323 of The Indian Succession Act, 1925 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.