(2) If any such suit is decreed in favour of the creditor, he shall, nevertheless, unless he is a secured creditor, be only entitled to payment of the amount decreed or ordered by the court to be paid out of the assets of the deceased equally and rateable with the other creditors.
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Section 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · Appointment of Administrator-General.Section 4 · Appointment and powers of Deputy Administrator-General.Section 5 · Incorporation.Section 6 · Jurisdiction of High Court for the whole State.Section 7 · Administrator-General entitled to letters of administration, unless granted to next-of-kin.Section 8 · Administrator-General, entitled to letters of administration in preference to creditors, certain legatees or friends.India Code, Government of India. Text fetched 13 Oct 2026. Source metadata reports last modification: 2025-09-08. Check the linked official text and subsequent notifications when applying a provision.