# 23 Discharge in respect of bearer bonds
1[The Government] shall be discharged from all liability on a bearer bond or on any interest coupon of such a bond on payment to the holder of such bond or coupon on presentation on or after the date when it becomes due of the amount expressed therein, unless before such payment an order of a Court in 2[India] has been served on 1[the Government] restraining it from making payment.
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1. Subs. by Act 6 of 1949, s. 6, for "The Central Government" (w.e.f. 1-4-1949).
2. Subs. by Act 57 of 1956, s. 11, for "the States" (w.e.f. 15-10-1956).
All sections
19
Legal effect of orders made by the Bank20
Stay of proceedings on order of Court21
Cancellation by the Bank of vesting proceedings22
Discharge in respect of interest on Government securities24
Period of limitation of Government’s liability in respect of interest25
Inspection of documents26
The Bank and its officers to be deemed public officers
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