Section 64
of Probate and Administration Act
Section 64
(2)
If an executor or administrator-
(a)
continues at a loss a business of which the deceased was sole proprietor; or
(b)
allows the deceased's share in any business in which he was a partner and which is being continued at a loss by the remaining partners to remain in the business without taking steps to re-cover such share, he shall be liable to the beneficiaries or heirs to the extent of the loss suffered by the estate, unless he satisfies the Probate
Officer that his conduct was justifiable in the circumstances.
33
Devastavit of executors, etc.
Pl
B.L.R.O. Jll984
34
Administra-tors to account for all profit made
Administra-tors to keep accounts
Leases, mortgages etc. by administra-tors
Debts incurred by administra-tors not to be charged on the estate