Where a debtor becomes his deceased creditor’s executor by representation or administrator, his debts shall thereupon be extinguished but he shall be accountable for the amount of the debt as part of the creditor’s estate in any case where he would be so accountable if he had been appointed as an executor by the creditor’s will.
This section as per the Administration of Estates Act 1925 does not apply where the debtor’s authority to act as executor or administrator is limited to part only of the creditor’s estate which does not include the debt, and a debtor whose debt is extinguished shall not be accountable for its amount in any case where the debt is barred by a statute of limitation before he became the creditor’s executor or an administrator.