Step 1: Understanding the term “Decree-holder.”
The term "decree-holder" refers to a person or entity in whose favor a decree has been passed by the court, and the decree is capable of execution. The decree-holder is entitled to seek enforcement of the decree.
Step 2: Explanation of the options.
- (a) Any person in whose favour a decree has been passed or an order capable of execution has been made: This is the correct answer as it accurately defines the decree-holder.
- (b) Any person in whose favour a decree has been passed or an order incapable of execution has been made: This is incorrect as it refers to orders incapable of execution, which is not applicable.
- (c) Any Citizen in whose favour a decree has been passed or an order capable of execution has been made: This option is incorrect as it limits the term to citizens, while decree-holders can be non-citizens as well.
- (d) Any corporation in whose favour a decree has been passed or an order capable of execution has been made: This is incorrect as it limits the term to corporations, while individuals can also be decree-holders.
Step 3: Conclusion.
Thus, the correct answer is (a) any person in whose favour a decree has been passed or an order capable of execution has been made.