Section 369 of ISA : Section 369: Liability Of Executor Or Administrator For Neglect To Get Any Part Of Property

ISA

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Explanation using Example

Imagine a woman named Priya who has recently passed away, leaving behind a substantial estate. Her will appoints her nephew, Arjun, as the executor. Among the assets is a loan of ₹500,000 that Priya had given to a local businessman, Mr. Sharma, who is well-known for his successful ventures and solvency.

Arjun decides not to collect the debt from Mr. S...

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Explanation using Example

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