Where the debtor has omitted to intimate and there are no other circumstances indicating to which debt the payment is to be applied, the creditor may apply it at his discretion to any lawful debt actually due and payable to him from the debtor, whether its recovery is or is not barred by the law in force for the time being as to the limitation of suits.
Section 60: Application of payment where debt to be discharged is not indicated.
The Indian Contract Act, 1872Central Act · Act 9 of 1872
Where this provision sits
| Act | The Indian Contract Act, 1872 |
|---|---|
| Section | 60 |
| Marginal note | Application of payment where debt to be discharged is not indicated. |
| Jurisdiction | Central |
| Status | In force as published by the source |
| Judgments citing it | 5 |
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