Laws and Bare Acts of India at MyNation.net

MyNation Foundation Online Law Library

Section 23 – Public Debt Act,1944

Public Debt Act,1944

Section 23. Discharge in respect of bearer bonds

1[The Government] shall be discharged from all liability on a bearer bond or on any interest coupon of such a bond on payment to the holder of such bond or coupon on presentation on or after the date when it becomes due of the amount expressed therein, unless before such payment an order of a Court in2[India] has been served on the Government re-straining it from making payment.

——————–

1. Substituted for the words “the Central Government” by the Public Debt (Central Government) Amendment Act,1949 (6 of 1949), section 6 ( 1 -4-1949).

2. Substituted for the words “the States” by the Public Debt (Amendment) Act,1956 (57 of 1956), section 11 ( 15- 10-1956).

Previous | Next

Public Debt Act,1944

Indian Laws – Bare Acts

MyNation

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2020 Laws and Bare Acts of India at MyNation.net
×

Free Legal Help, Just WhatsApp Away

MyNation HELP line

We are Not Lawyers, but No Lawyer will give you Advice like We do

Please read Group Rules – CLICK HERE, If You agree then Please Register CLICK HERE and after registration  JOIN WELCOME GROUP HERE

We handle Women Centric biased laws like False Section 498A IPC, Domestic Violence(DV ACT), Divorce, Maintenance, Alimony, Child Custody, HMA 24, 125 CrPc, 307, 312, 313, 323, 354, 376, 377, 406, 420, 497, 506, 509; TEP, RTI and many more…

MyNation FoundationMyNation FoundationMyNation Foundation