(a) if the debenture alleged to have been lost, stolen or destroyed is payable more than six years after the date of publication of the notification referred to in sub-section (2),-
(i) for the payment of interest in respect of the debenture pending the issue of a duplicate debenture, and
(ii) for the issue of a duplicate debenture payable to the applicant, or
(b) if the debenture alleged to have been lost, stolen or destroyed is payable not more than six years after the date of publication of the notification referred to in sub-section (2),-
(i) for the payment of interest in respect of the debenture without the issue of a duplicate debenture, and
(ii) for the payment to the applicant of the principal sum due in respect of the debenture on or after the date on which the payment becomes due.
Section 121 • The Bombay Provincial Municipal Corporations Act, 1949
121. Issue of duplicate securities.
the-bombay-provincial-municipal-corporations-act-1949-sec-121.json
•
Section 121
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"title": "121. Issue of duplicate securities.",
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"content": "(a) if the debenture alleged to have been lost, stolen or destroyed is payable more than six years after the date of publication of the notification referred to in sub-section (2),-\n(i) for the payment of interest in respect of the debenture pending the issue of a duplicate debenture, and\n(ii) for the issue of a duplicate debenture payable to the applicant, or\n(b) if the debenture alleged to have been lost, stolen or destroyed is payable not more than six years after the date of publication of the notification referred to in sub-section (2),-\n(i) for the payment of interest in respect of the debenture without the issue of a duplicate debenture, and\n(ii) for the payment to the applicant of the principal sum due in respect of the debenture on or after the date on which the payment becomes due.",
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