Equitable Assets
Legal definition for Indian law research
Definition
Equitable assets, Assets which could only be made available to creditors in a Court of equity; legal, in a Court of law (Halsb. L.E.); the distinction is not of any importance in regard to deaths after 1925, see ss. 2(3) and 32 of the Administration of Estates Act, 1925. See EXECUTOR.
Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.