Where a notice of assignment of receivable is given by the assignor or the assignee, as the case may be, under section 8 the debtor on receipt of such notice, shall make payment to the assignee and payment made to such assignee in discharge of any obligation in relation to the receivables specified in the notice shall fully discharge the debtor making the payment, from corresponding liability in respect of such payment.
Section 9: Discharge of liability of debtor on payment to assignee.
The Factoring Regulation Act, 2011Central Act · Act 12 of 2012
Where this provision sits
| Act | The Factoring Regulation Act, 2011 |
|---|---|
| Section | 9 |
| Marginal note | Discharge of liability of debtor on payment to assignee. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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