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93. 	Advantage secretly gained by one of several compounding creditors</title>


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                        The Trusts Act, 1882 

                        
                        
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                            <h4 style="color: #fff;"> (
                                
                                    
                                    
                                        
                                            
                                            ACT
                                        
                                        NO. II OF 1882
                                    
                                

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                    [ 13th January, 1882  ]
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                            Chapter IX

                            
                            
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                            OF CERTAIN OBLIGATIONS IN THE NATURE OF TRUSTS

                            
                            
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                         	Advantage secretly gained by one of several compounding creditors

                        
                        
                    
                    
                    
                    
                
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                	93. 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.

                
                


                
                

                
                
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