Section 147: Liability for neglect to get in any part of property.

The Probate and Administration Act, 1977 (1920 A.d.)Union territory Act of Jammu and Kashmir · Act 29 of 1977

When an executor or administrator occasions a loss to the estate by neglecting to get in any part of the property of the deceased, he is liable to make good the amount.

Illustrations

(a) The executor absolutely releases a debt due to the deceased from a solvent person, or compounds with a debtor who is able to pay in full. The executor is liable to make good the amount so lost.

(b) The executor neglects to sue for a debt till the debtor is able to plead the Act for the limitation of suits, and the debt is thereby lost to the estate. The executor is liable to make good the amount of the debt.

Where this provision sits

Act	The Probate and Administration Act, 1977 (1920 A.d.)
Section	147
Marginal note	Liability for neglect to get in any part of property.
Jurisdiction	Union territory of Jammu and Kashmir
Status	In force as published by the source

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