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 in India has been served on the Government restraining it from making payment.
Section 22: Discharge in respect of bearer bonds.
The Government Securities Act, 2006Central Act · Act 38 of 2006
Where this provision sits
| Act | The Government Securities Act, 2006 |
|---|---|
| Section | 22 |
| Marginal note | Discharge in respect of bearer bonds. |
| Jurisdiction | Central |
| Status | In force as published by the source |
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