The Indian Succession Act

As to deceased’s funeral

Inventory and account

Inventory to include property in any part of India in certain cases

As to property of, and debts owing to, deceased

Expenses to be paid before all debts

Expenses to be paid next after such expenses

Wages for certain services to be next paid, and then other debts

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

Application of moveable property to payment of debts where domicile not in India

Debts to be paid before legacies

Executor or administrator not bound to pay legacies without indemnity

Abatement of general legacies

Non-abatement of specific legacy when assets sufficient to pay debts

Right under demonstrative legacy when assets sufficient to pay debts and necessary expenses

Rateable abatement of specific legacies

Legacies treated as general for purpose of abatement


CHAPTER VII.--Of the Duties of an Executor or Administrator


If the estate of the
deceased is subject to any contingent liabilities, an executor or administrator is not bound to pay any
legacy without a sufficient indemnity to meet the liabilities whenever they may become due.


LAWGIST

# 326 Executor or administrator not bound to pay legacies without indemnity