Section 21
Discharge in respect of interest on Government securities.
The Government Securities Act, 2006
About this Act
An Act to consolidate and amend the law relating to Government securities and its management by the Reserve Bank of India and for matters connected therewith or incidental thereto.
Save as otherwise expressly
provided in the terms of a Government security, no person shall be entitled to claim interest on such
security in respect of any period which has elapsed after the earliest date on which demand could have
been made for the payment of the amount due on such security.