- Where creditors compound the debts due to them, and one of such creditors, by a secret arrangement with the debtor, gains an undue advantage over his co-creditors, he must hold, for the benefit of such creditors, the advantage so gained.
Chapter IXO — f Certain Obligations in the Nature of Trusts
Section 93
Advantage secretly gained by one of several compounding creditors
Printed from Law on Tips • The Indian Trusts Act, 1882