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A, who holds a decree against B for Rs 5,000, transfers his interest in the decree to the extent of Rs 2500 to X. Here X is in the position of a joint decree-holder (r 15 above). The application for execution may be made by X, or it may be made by A, the decree holder, or by A and X together.
The application must be for execution of the whole decree
The application must be for the execution of the portion transferred
Both (A) and (B)
None of these
- In the situation described, X is now a joint decree-holder with A for the amount of Rs 2500.
- Option 1: The application can be for execution of the whole decree because A still holds interest in the full amount.
- Option 2: The application can also be for the execution of the portion transferred, which is Rs 2500 in X's interest.
- Option 3: Both (A) and (B) are correct because both parties have rights to apply for their respective interests.
- Option 4: "None of these" is not correct since options (1) and (2) are viable.
Correct Answer: Option 3 - Both (A) and (B)
By: santosh ProfileResourcesReport error
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