Actionable claims, originating from English law, refer to rights to recover debts or enforce property rights through legal action, governed in Bangladesh by the Transfer of Property Act, 1882. They include types such as unsecured debts and beneficial interests in movable property, with specific claims recognized as actionable and others excluded. The relevance of actionable claims is increasing in modern contexts, including insurance, debt assignment, and digital economies.
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Critical note on Actionable Claim
Actionable claims, originating from English law, refer to rights to recover debts or enforce property rights through legal action, governed in Bangladesh by the Transfer of Property Act, 1882. They include types such as unsecured debts and beneficial interests in movable property, with specific claims recognized as actionable and others excluded. The relevance of actionable claims is increasing in modern contexts, including insurance, debt assignment, and digital economies.
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Actionable Claims
Presented by: Md. Suny
ID :232100022 Institution: Eastern University Introduction • The term actionable claim originates from the English law concept of chose in action, referring to rights to recover money or enforce property rights through legal action. In Bangladesh , actionable claims are governed by the Transfer of Property Act, 1882. This presentation explains their definition, types, legal provisions, and modern relevance. Background • Derived from the English law principle of chose in action, actionable claims refer to rights enforceable through legal action. According to B.M. Gandhi, these include claims to recover money or enforce property rights without possession. Modern laws in Bangladesh and India follow the Transfer of Property Act, 1882. Definition • “Actionable claim” means a claim to any debt, other than a debt secured by a mortgage of immovable property or by hypothecation or pledge of movable property, or to any beneficial interest in movable property not in possession of the claimant, which Civil Courts recognize as grounds for relief. Types of Actionable Claims • 1. Unsecured Debt: • - Existing Debt • - Accruing Debt • - Conditional/Contingent Debt
• 2. Beneficial Interest in Movable Property:
• - Tangible Property (e.g., car, furniture) • - Intangible Property (e.g., actionable claims). Claims Considered Actionable • 1. Claims for arrears of rent • 2. A share in partnership • 3. Claims under insurance policies • 4. Claims for unpaid dower • 5. Right to purchase money refunds, etc. Claims Not Considered Actionable • 1. A decree • 2. Right to damages under tort or breach of contract • 3. Mesne profits • 4. Copyrights • 5. Debt secured by mortgages. Relevant Provisions • 1. Section 130: Mode of transfer • 2. Section 131: Notice of transfer • 3. Section 132: Liability of transferee • 4. Section 133: Warranty of solvency • 5. Section 137: Exemptions. Judicial Interpretations • 1. Chidambaram v. Rama: Enforceable claims under Section 130. • 2. Bombay Corporation v. Official Assignee: Validity of written transfers. • 3. Baldeodas v. Puran Chand: Focus on unsecured debts. • 4. Pestonji v. Jivanlal: Intangible rights transfer compliance. Relevance in Modern Context • 1. Insurance Policies • 2. Assignment of Debt • 3. Lottery Winnings • 4. Digital Economy and Blockchain • 5. Cross-Border Applications. Conclusion • Actionable claims bridge legal and financial needs. Governed by the Transfer of Property Act, 1882, they ensure rights over unsecured debts and movable property are enforceable. Modern practices like blockchain and finance highlight their evolving significance.
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