Where a Government security stands in the name of a minor or a person who is insane and incapable of managing his affairs, the interest accruing on such securities or the capital sum thereof shall be paid in such manner as may be prescribed; Provided that in the case of interest the aggregate amount of original securities does not exceed five thousand rupees and in the case of capital sum payable, the sum payable does not exceed five thousand rupees. When the payment of interest or capital sum is made in the aforesaid manner, the Government shall, not withstanding anything in any law, be discharged from all liability in respect thereof.
Section 17: Payment in case of securities in the name of minor or lunatic.
The Government Securities Act, 1330 Fasli.State Act of Telangana
Where this provision sits
| Act | The Government Securities Act, 1330 Fasli. |
|---|---|
| Section | 17 |
| Marginal note | Payment in case of securities in the name of minor or lunatic. |
| Jurisdiction | State of Telangana |
| Status | In force as published by the source |
Find the provision, not just read it
The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:
- Search 49,000+ Central and State enactments by what a provision says, not by its number
- Jump from any section to every judgment that has applied it
- Search 300 million+ Indian court records alongside the statute
- Ask a research agent to find and read the case law on a provision for you
Free account. No card. About a minute to create.
Create a free accountNeed this as data, not as a page? The Government Securities Act, 1330 Fasli. is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.