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Report No. 55

9. Other provisions as to interest.-

Besides section 34, there are other statutory provisions as to interest. By way of illustration, we may refer to a few of them.

(a) Section 1, Interest Act, 1839.

(b) Section 80, Negotiable Instruments Act, 1881.

(c) Section 23, Trust Act, 1882.

(d) Section 28, Land Acquisition Act, 1894.

(e) Sections 352-353, Succession Act, 1925.

(f) Section 61(2), Sale of Goods Act, 1930.







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