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TypeBare Act JurisdictionCentral Government

Public Debt Act, 1944 Section 4

Transferor of Government Securities Not Liable for Amount Thereof

~1 min read
https://sooperkanoon.com/act/16760

Bare act section · Research

About this section

Public Debt Act, 1944 Section 4 is part of Public Debt Act, 1944 - Transferor of Government Securities Not Liable for Amount Thereof. Read the section text below and explore Indian court judgments that cite it.

Research copy - verify against official government publications before filing or court use.

Section Text

Notwithstanding anything contained in the Negotiable Instruments Act, 1881, a person shall not, by reason only of his having transferred a Government security, be liable to pay any money due either as principal or as interest thereunder.

Frequently asked questions

What does Public Debt Act, 1944 Section 4 provide?

Section Section 4 of the Public Debt Act, 1944 (Transferor of Government Securities Not Liable for Amount Thereof) is reproduced on this page as part of the Public Debt Act, 1944. Lawyers and researchers use it to read the statutory wording before checking how courts have applied this section in reported judgments.

How do I find judgments on Public Debt Act, 1944 Section 4?

Open “Find citing judgments” on this page to search Supreme Court, High Court, and tribunal decisions that reference Public Debt Act, 1944 Section 4. Advanced act search can narrow results by court, year, or additional act filters.

Is the section text on SooperKanoon official?

SooperKanoon hosts bare act text for research and quick reference. For filings or compliance in Central, confirm the wording against the official state gazette or authorized publication.

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