The correct answer is (b), Section 56.
The right of marshalling is the right of a creditor to demand that the debtor satisfy their debt out of the debtor’s assets in a particular order. For example, a creditor who has a security interest in a debtor’s car may be able to demand that the debtor sell the car to satisfy the debt, even if the debtor has other assets that are worth more than the debt.
Section 56 of the Transfer of Property Act 1882 deals with the right of marshalling. The section provides that a lessee is not entitled to the right of marshalling unless the lease expressly provides for it. This means that, in the absence of an express provision in the lease, a lessee cannot demand that the lessor satisfy their debt out of the lessee’s interest in the leased property.
The other options are incorrect because they do not deal with the right of marshalling. Section 55 of the Transfer of Property Act 1882 deals with the right of a creditor to follow their security into the hands of a third party. Section 57 of the Transfer of Property Act 1882 deals with the right of a creditor to take possession of the debtor’s property. Section 81 of the Transfer of Property Act 1882 deals with the right of a creditor to sell the debtor’s property.