TypeBare Act JurisdictionCentral Government Enacted1872

Contract Act, 1872 Section 59

APPLICATION OF PAYMENT WHERE DEBT TO BE DISCHARGED IS INDICATED Where a debtor, owing several distinct debts to one

Section Text

SECTION 59: APPLICATION OF PAYMENT WHERE DEBT TO BE DISCHARGED IS INDICATED Where a debtor, owing several distinct debts to one person, makes a payment to him, either with express intimation, or under circumstances implying that the payment is to be applied to the discharge of some particular debt, the payment, if accepted, must be applied accordingly.