LawgistThe Indian Succession Act
323Save as aforesaid, all debts to be paid equally and rateably
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.
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CHAPTER VII.--Of the Duties of an Executor or Administrator
- 316 As to deceased’s funeral
- 317 Inventory and account
- 318 Inventory to include property in any part of India in certain cases
- 319 As to property of, and debts owing to, deceased
- 320 Expenses to be paid before all debts
- 321 Expenses to be paid next after such expenses
- 322 Wages for certain services to be next paid, and then other debts
- 323 Save as aforesaid, all debts to be paid equally and rateably
- 324 Application of moveable property to payment of debts where domicile not in India
- 325 Debts to be paid before legacies
- 326 Executor or administrator not bound to pay legacies without indemnity
- 327 Abatement of general legacies
- 328 Non-abatement of specific legacy when assets sufficient to pay debts
- 329 Right under demonstrative legacy when assets sufficient to pay debts and necessary expenses
- 330 Rateable abatement of specific legacies
- 331 Legacies treated as general for purpose of abatement
