Article text
(1) Where a decree,. or if a decree has been passed jointly in favour of two or more persons, the interest of any decree-holder in the decree, is transferred by assignment in writing or by operation of law, the transferee may apply for execution of the decree to court which passed it.
(2) Subject to the provisions of sub-arts.
(3) and
(4) ,the dec~ may then be executed in the same manner and subject to the same con- ditions as if the application were made by such decree-holder.
(3) Where the decree. or such interest as aforesaid. has been trans- ferred by assignment, notice of such application shall be given in the form prescribed by the Fourth Schedule to this Code to the transferor and the judgment-debtor, and the decree shall not be executed until the court has heard their objections, if any, to its execution.
(4) Where a decree for the payment of money against two or more persons has been transferred to one of them, it shall not be exe- cuted.