Section 43: Death or insolvency in certain cases.

The Foreign Exchange Management Act, 1999Central Act · Act 42 of 1999

Any right, obligation, liability, proceeding or appeal arising in relation to the provisions of section 13 shall not abate by reason of death or insolvency of the person liable under that section and upon such death or insolvency such rights and obligations shall devolve on the legal representative of such person or the official receiver or the official assignee, as the case may be:

Provided that a legal representative of the deceased shall be liable only to the extent of the inheritance or estate of the deceased.

Where this provision sits

Act	The Foreign Exchange Management Act, 1999
Section	43
Marginal note	Death or insolvency in certain cases.
Jurisdiction	Central
Status	In force as published by the source

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