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Actionable claim?

Sravan Ch (135 Points)

14 December 2017

Can any explain the meaning of actionable claim with example,

Plz. Don't copy paste the definition.. From Google...

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3 Replies

Prajjwal Kaushik (Finance Professional) (6216 Points)
Replied 14 December 2017

Please refer to this thread: https://www.caclubindia.com/forum/meaning-and-examples-of-actionable-claims-230484.asp

That might help.

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Shailesh W (nobodies) (327 Points)
Replied 15 December 2017

Actionable claim means if someone have rights to claims than he can claim it... Example is lottery ticket, if u purchase a lottery ticket than u will have right to claim if u have it after action completes and action is draw of winning... There fore if in draw(action) ur lottery ticket wins than u have right to claim it

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