section 68
Interest on defaulted instalments
The Mahe Land Reforms Act, 1968Civil1968209 sections
Statutory text
Interest on defaulted instalments. If the second or any subsequent instalment of the purchase price is not deposited on the due date the amount of such instalment shall bear interest at the rate of 4 ½ per cent per annum from that date till the date of deposit of that instalment.
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