https://www.taxtmi.com/acts?id=7169 If a debtor omits to indicate which debt a payment should discharge and no circumstances indicate the target debt, the creditor may at his discretion apply the payment to any lawful debt actually due and payable from the debtor, whether or not its recovery is barred by the law of limitation. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7169 If a debtor omits to indicate which debt a payment should discharge and no circumstances indicate the target debt, the creditor may at his discretion apply the payment to any lawful debt actually due and payable from the debtor, whether or not its recovery is barred by the law of limitation. Act-Rules Indian Laws Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7169