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The Securities Act, 1920

( ACT NO. X OF 1920 )


Discharge in respect of interest
1[18A. Save as otherwise expressly provided in the terms of a Government security, no person shall be entitled to claim interest on any 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.]

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    Section 18A was inserted by section 3 of the Indian Securities (Amendment) Act, 1927 (Act No. XXI of 1927)
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