Sales of goods act
This query is : Resolved
07 May 2014
what are actionable claims?
07 May 2014
It means a claim to any debt other than a debt secured under a mortgage or hypothecation or pledge on any immovable or moveable property, possession of which is given to person or institution which gave the loan.
An Actionable Claim is a plain unsecured debt which can be claimed by a person against another person and which can be enforced in civil courts according to law.
Right to benefit of a contract falls within the definition of Actionable Claim.
An Actionable Claim is transferable and inheritable and it is deemed to be a property in the hands of the person who has the claim.
An Actionable Claim is a plain unsecured debt which can be claimed by a person against another person and which can be enforced in civil courts according to law.
Right to benefit of a contract falls within the definition of Actionable Claim.
An Actionable Claim is transferable and inheritable and it is deemed to be a property in the hands of the person who has the claim.
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