Discharge in respect of interest on Government securities
Section 22 of the Public Debt Act, 1944 deals with discharge in respect of interest on Government securities. Save as otherwise expressly provided in the terms of a Government security, no person shall be entitled to claim interest on such security in respect of any period which has elapsed after the earliest date on which demand could have been made for the payment of the amount due on such security. The Act came into force on 22 Nov 1944.
Save as otherwise expressly provided in the terms of a Government security, no person shall be entitled to claim interest on such security in respect of any period which has elapsed after the earliest date on which demand could have been made for the payment of the amount due on such security.
Section 22, The Public Debt Act, 1944 (Act 18 of 1944).
Questions about Section 22
What does Section 22 of the Public Debt Act deal with?
Section 22 of the Public Debt Act is headed "Discharge in respect of interest on Government securities". Save as otherwise expressly provided in the terms of a Government security, no person shall be entitled to claim interest on such security in respect of any period which has elapsed after the earliest date on which demand could have been made for the payment of the amount due on such security.
How do I find court cases under Section 22 of the Public Debt Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Public Debt Act 1944 22, section 22 Public Debt Act 1944, section 22 of the Public Debt Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When did Section 22 of the Public Debt Act come into force?
Section 22 of the Public Debt Act, cited as Public Debt Act 1944 22, came into force on 22 Nov 1944, having been enacted on 22 Nov 1944. It is in force as at the date shown on this page.
Other sections of this Act
- 28. Power to make rules589 words
- 9B. Nominations by holders of Government securities304 words
- 9C. Payment on death of holder286 words
- 3. Transfer of Government securities254 words
- 11. Issue of duplicate securities and of new securities on conversion, consolidation, sub-division or renewal230 words
- 7. Persons whose title to a Government security of a deceased sole holder may be recognised by the Bank224 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Text as in force on 24 Oct 2026. This page is not a substitute for legal advice.