Chapter 6:01
ADMINISTRATION OF ESTATES
proper. All claims which would be capable of proof in case of the
insolvency of the estate shall be deemed to be claims of creditors for
the purposes of this Act.
44 Suspension of execution against deceased estate
(1) No person who has obtained the judgment of any court against
any deceased person in his lifetime, or against his executor in any
suit or action commenced against such executor, or which, having
been pending against the deceased at the time of his death, has
thereafter been continued against the executor of such person, may
sue out or obtain any process in execution of any such judgment
before the expiration of the period notified in the Gazette in manner
in this Act provided.
(2) No such person as aforesaid shall sue out and obtain any
process in execution of any such judgment as aforesaid within six
months from the time when letters of administration have been
granted to the executor against whom execution of such judgment is
sought without first obtaining an order from the High Court or some
judge thereof for the issue of such process.
[Subsection amended by section 4 of Act 12/1997.]
45 Duties of executors after expiration of period for lodging
claims
(1) On the expiration of the period notified in the Gazette in
manner hereinbefore in this Act provided, every such executor as
aforesaid shall forthwith proceed to rank, according to their legal
order of preference, all such claims of creditors against the
deceased or his estate as have been lodged with him, or of the
existence of which he has knowledge, and shall pay off and
discharge the same so soon as the funds necessary for that purpose
have been realized out of the estate.
(2) If the proceeds of such estate are found to be insufficient for
the payment of all the just and valid claims of creditors to which it is
liable, the executor thereof shall be liable to pay to any person
having any such just and valid claim the amount which such person
would have been entitled to receive in respect of such claim if
ranked according to the legal order of preference, in so far as such
executor has within the said period last-mentioned or afterwards at
any time when he knew of the existence of such claim, paid such
amount to any person the payment of whose claim against the
deceased or his estate, according to the legal order of preference,
ought to have been postponed until such just and valid claim as
aforesaid had been satisfied; reserving always to such executor
recourse against the person to whom payment of his claim may have
been improperly made.
(3) When such notice to creditors as aforesaid has been duly
published as aforesaid, no creditor claiming on the estate of any
deceased person who has not lodged his claim with the executor
within such period as aforesaid, or thereafter, before the distribution
September 2000-09-27
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