Discuss this provision with AI

(1) Where and in so far as a decree is for the payment of money, the Court may for any sufficient reason at the time of passing the decree order that payment of the amount decreed shall be postponed or shall be made by installments, with or without interest, notwithstanding anything contained in the contract under which the money is payable. (2) Order, after decree, for payment by instalments. After the passing of any such decree the Court may, on the application of the judgment debtor and with the consent of the decree holders, order that payment of the amount decreed shall be postponed or shall be made by installments on such terms as to the payment of interest, the attachment of the property of the judgment debtor, or the taking of security from him, or otherwise, as it thinks fit.

Effective date: 1909-01-01

Version 1 · Source-traceable official reference. LawHub does not modify the official record.