What is LRs suit or Act ?
Querist :
Anonymous
(Querist) 19 February 2010
This query is : Resolved
What is LRs suit or Act ?
B K Raghavendra Rao
(Expert) 19 February 2010
Upon death of the creditor, if his LRs (Legal Representatives) file a suit for recovery of money from the debtor, then it is called an LRs suit.
Guest
(Expert) 19 February 2010
i do agree with Mr Rao.
Ramakrishnan.V
(Expert) 26 February 2010
This is the text of the Act that is prevalent in India, Pakistan Bangladesh
THE LEGAL REPRESENTATIVE SUITS ACT, 1855
(ACT NO. XII OF 1855).
An Act to enable Executors, Administrators or Represen-tatives to sue and be sued for certain wrongs.
Preamble
WHEREAS it is expedient to enable executors, administrators or representatives in certain cases to sue and be sued in respect of certain wrongs which, according to the present law, do not survive to or against such executors, administrators or representatives; It is enacted hereby as follows:-
CONTENTS
SECTIONS
1. Executors may sue and be sued in certain cases for wrongs committed in life-time of deceased
2. Death of either party not to abate suit
Executors may sue and be sued in certain cases for wrongs committed in life-time of deceased
1. An action may be maintained by the executors, administrators or representatives of any person deceased for any wrong committed in the time of such person, which has occasioned pecuniary loss to his estate, for which wrong an action might have been maintained by such person, so as such wrong shall have been committed within one year before his death; and the damages, when recovered, shall be part of the personal estate of such person:
and further, an action may be maintained against the executors or administrators or heirs or representatives of any person deceased for any wrong committed by him in his lifetime for which he would have been subject to an action, so as such wrong shall have been committed within one year before such person's death; and the damages to be recovered in such action shall, if recovered against an executor or administrator bound to administer according to the English law, be payable in like order of administration as the simple contract debts of such person.
2. No action commenced under the provisions of this Act shall abate by reason of the death of either party, but the same may be continued by or against the executors, administrators or representatives of the party deceased: Provided that, in any case in which any such action shall be continued against the executors, administrators or representatives of a deceased party, such executors, administrators or representatives may set up a want of assets as a defence to the action, either wholly or in part, in the same manner as if the action had been originally commenced against them.
