The term means a claim in respect of which cause of action has already matured and which, subject to procedure, may be enforced by a suit. Actionable claim means a claim to any debt, other than a debt secured by mortgage of immovable property or by hypothecation or pledge of moveable property, or to any beneficial interest in moveable property not in the possession either actual or constructive, of the claimant, which the Civil Courts recognize as affording grounds for relief, whether such debt or beneficial interest be existent, accruing, conditional or contingent. 

See, Section 3 of the Transfer of Property Act, 1882.