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Actionable claim?

CA Final 1733 views 3 replies
Can any explain the meaning of actionable claim with example,

Plz. Don't copy paste the definition.. From Google...
Replies (3)

Please refer to this thread: https://www.caclubindia.com/forum/meaning-and-examples-of-actionable-claims-230484.asp

That might help.

Actionable claim means if someone have rights to claims than he can claim it... Example is lottery ticket, if u purchase a lottery ticket than u will have right to claim if u have it after action completes and action is draw of winning... There fore if in draw(action) ur lottery ticket wins than u have right to claim it
Thank you..


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