61. Application of payment where neither party appropriates.

Where neither party makes any appropriation, the payment shall be applied in discharge of the debts in order of time, whether they are or are not barred by the law in force for the time being as to the limitation of suits. If the debts are of equal standing, the payment shall be applied in discharge of each proportionably.

Read Contract Act in a systematic way.

Read Contract Act each section wise.

Bare Act PDFs

Download beautiful, mobile friendly Contract Act PDF.

WritingLaw » Contract Act, 1872 » Section 61 Contract Act Law Study Material PDF and MCQ Tests
If you are a regular reader, please consider buying the Law PDFs and MCQ Tests. You will love them. You may also support with any amount you like. Thank You.