Indian Contract Act : Application of payment where neither party appropriates Indian Bare Acts :

Indian Contract Act,1872

Act No : 9

Section : Application of payment where neither party appropriates

61. Application of payment where neither party appropriates.-Where neither party makes any appropriation the payment shall beapplied in discharge of the debts in order of time,whether they are orare not barred by the law in force for the time being as to thelimitation of suits. If the debts are of equal standing, the paymentshall be applied in discharge of each proportionably.42 Contracts which need not be performed