The Public Debt Act, 1944
Central · 1944
- S. 1Short title and commencement.
- S. 1ASecurities to which this Act applies.
- S. 2Definitions.
- S. 3Transfer of Government securities.
- S. 4Transfer or of Government securities not liable for amount thereof.
- S. 5Holding of Government securities by holders of public offices.
- S. 6Notice of trust not receivable.
- S. 7Persons whose title to a Government security of a deceased sole holder may be recognised by the Bank.
- S. 8Right of survivors of joint holders or several payees.
- S. 9Summary procedure on death of holder of Government securities not exceeding five thousand rupees face value.
- S. 9AApplication of sections 9B, 9C, etc.
- S. 9BNominations by holders of Government securities.
- S. 9CPayment on death of holder.
- S. 10Government securities not exceeding five thousand rupees face value belonging to minor or insane person.
- S. 11Issue of duplicate securities and of new securities on conversion, consolidation, sub-division or renewal.
- S. 12Summary determination by the Bank of title to Government security in case of dispute.
- S. 13Law applicable in regard to Government securities.
- S. 14Recording of evidence.
- S. 15Postponement of payments and registration of transfers pending the making of a vesting order.
- S. 16Power of Bank to require bonds.
- S. 17Publication of notices in Official Gazette.
- S. 18Scope of vesting order.
- S. 19Legal effect of orders made by the Bank.
- S. 20Stay of proceedings on order of Court.
- S. 21Cancellation by the Bank of vesting proceedings.
- S. 22Discharge in respect of interest on Government securities.
- S. 23Discharge in respect of bearer bonds.
- S. 24Period of limitation of Government’s liability in respect of interest.
- S. 25Inspection of documents.
- S. 26The Bank and its officers to be deemed public officers.
- S. 27Penalty.
- S. 28Power to make rules.
- S. 29Certain laws not to apply to Government securities.
- S. 30Construction of reference to laws not in force before 1st April, 1951 in Part B States.
- S. 31Construction of references to laws not in force in Jammu and Kashmir.