Liability of legal representatives to contribute to company assets continues after a member's death, enforceable through estate administration. If a contributory dies, his legal representatives are liable in due course of administration to contribute to the company's assets to discharge his liability and are treated as contributories; defaulting representatives may be subject to proceedings to administer the deceased's estate and compel payment. Where the deceased was a member of a Hindu joint family under the Mitakshara School, surviving coparceners are deemed to be legal representatives for these purposes.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Liability of legal representatives to contribute to company assets continues after a member's death, enforceable through estate administration.
If a contributory dies, his legal representatives are liable in due course of administration to contribute to the company's assets to discharge his liability and are treated as contributories; defaulting representatives may be subject to proceedings to administer the deceased's estate and compel payment. Where the deceased was a member of a Hindu joint family under the Mitakshara School, surviving coparceners are deemed to be legal representatives for these purposes.
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