Word "Debt"

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....d.) defines "Debt" as under : "A sum of money due by certain and express agreement. A specified sum of money owning to the person from another, including not only obligations of debtor to pay but right of creditor to receive and enforce payment".  A fixed and certain obligation to pay money or some other valuable thing or things, either in the present or in the future. In a still more gen....

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....essions used in the definition clause clearly suggest that, - expression `debt' has to be given general and wider meaning, just to illustrate, the word `any liability' as opposed to the word `determined liability' or `definite liability' or `any person' in contrast to `from the debtor'. The expression `any person' shows that the framers do not wish....