Section 323 of the Indian Succession Act, 1925 – Save as aforesaid, all debts to be paid equally and rateably

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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.

Source: official text of The Indian Succession Act, 1925 as published on India Code (PDF). All sections of the Indian Succession Act, 1925.

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