24. Period of limitation of Government’s liability in respect of interest
Where no shorter period of limitation is fixed by any law for the time being in force, the liability of [the Government] in respect of any interest payment due on a Government security shall terminate on the expiry of six years from the date on which the amount due by way of interest became payable.
Amendment notes (1)
- Subs w.e.f. 1-4-1949 . Subs. by Act 6 of 1949, s. 6, for "The Central Government" (w.e.f. 1-4-1949).