Question
Where neither party any appropriation, the payment shall
be applied:ÂSolution
Section 59-61 of the Indian Contract Act deal with appropriation of payments. If neither party makes an appropriation: • If debts are of equal standing, payments are applied proportionately. Otherwise, payments are applied in order of time, regardless of limitation period. All these rules apply simultaneously.
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2.Shanka...
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The Indian national calendar is based on the
