Get Principles Of The Law Of Transfer: By Shantilal Mohanlal Shah, (fourth Ed

Actionable Claim Examples Possibility of claiming rent arrears. Money due in ance with a pricing or advance agreement. Right to claim contract benefits. Apart from maritime insurance, an insurance claim.

In a nutshell, an actionable claim is one that the creditor may assert against the claimant for any sort of debt—whether actual or constructive—that is not secured by a mortgage of immovable property, hypothecation of moveable property, or a pledge of movable property.

Cash in Hand is not an actionable claim.

Charge refers to the safety for securing the debt, by way of pledge, hypothecation and mortgage. Actionable Claim may be a claim or a debt that one can take an action. In other words, there exists a claim (debt during this case) and one can approach the court for the enforcement of such a claim.

ing to section 3 of the transfer of property Act, actionable claim means, a claim to any debt, other than a debt secured by mortgage of immovable property or by hypothecation or pledge of moveable property, or to any beneficial interest in movable property not in the possession, either actual or constructive, of ...

ing to the Transfer of Property Act,1882; when a person acts on the express or implied consent of a person who is interested in immovable property, the person who acts on such consent is the ostensible owner of the property.

The Transfer of Property Act 1882, which came into force on July 1, 1882, deals with the aspects of transfer of properties between living beings. One of the oldest laws in the Myanmar legal system, the Transfer of Property Act 1882 is an extension of the law of contracts and runs parallel to the succession laws.