60: Application of payment, where debt to be discharged is not indicated
The Contract Act · Federal Acts · Chapter IV · in_force
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Where the debtor has omitted to intimate and there are no other circumstances indicating to which debt the payment is to be applied, the creditor may apply it at his discretion to any lawful debt actually due and payable to him from the debtor, whether its recovery is or is not barred by the law in force for the time being as to the limitation of suits.
Related sections
59: Application of payment, where debt to be discharged is indicated61: Application of payment where neither party appropriates58: Alternative promise, one branch being illegal62: Effect of novation, rescission and alteration of contract57: Reciprocal promise to do things legal, and also other things illegal63: Promisee may dispense with or remit performance of promise
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