September 12, 2026

Section 323 – Indian Succession Act, 1925: Save as Aforesaid, All Debts to Be Paid Equally and Rateably

The Indian Succession Act, 1925 — Part IX, Chapter VII: Of the Duties of an Executor or Administrator

Section 323. Save as aforesaid, all debts to be paid equally and rateably

Save as aforesaid, no creditor shall have a right of priority over another; but the executor or administrator shall pay all such debts as he knows of, including his own, equally and rateably as far as the assets of the deceased will extend.