Indian Contract Act — Section 61
Application of payment where neither party appropriates.—Where neither party makes any
61. Application of payment where neither party appropriates.—Where neither party makes any appropriation, the payment shall be applied in discharge of the debts in order of time, whether they are or are not barred by the law in force for the time being as to the limitation of suits. If the debts are of equal standing, the payment shall be applied in discharge of each proportionably.
Contracts which need not be performed
Follow cited cases · Browse courts and years · Research topics
Judgments citing Section 61
- Vijay Kumar v. M/s New Shilpi Jewellers
- SRI. B.S.LAKSHMAN v. SRI. PUTTASHETTY
- M/s A.R.S. Energy Pvt. Ltd. v. M/s Shree Sai Steels, Through Proprietor- Tek Ram Sahu
- SHRI.ANNAPPA LAKKAPPA BIRADAR PATIL v. SHRI. IRFAN MUSA NIPANI
- SHRI.ANNAPPA LAKKAPPA BIRADAR PATIL, AGE: 65 YEARS, OCC: AGRICULTURE v. SMT. BHAGAWWA
- Judgment · High Court
- M/S. INDUSTRIAL CREDIT AND DEVELOPMENT SYNDICATE A v. SMT. SMITHABEN H. PATEL & Ors.
Text reproduced from the public statutes on which the corpus is built. Verify against the official Gazette before relying on it. This is statute reference, not legal advice.