Section 17. On payment by or on behalf of the Government to the holder of a bearer bond or other Goyarn.ment sec

17. On payment by or on behalf of the Government to the holder of a bearer bond or other Goyarn.ment security payable to bearer of the amount expressed therein on or after the date when it becomes due, or on renewal of a bearer bond or other security payable to bearer under section 11, or on renewal of a Qovernment promissory note under section 13, or on conversion, c,onsolidation or subdivision of a bearer bond or other security payable, to bearer under section `16,` 'the Government shall be &charged in the same way and to the same extent as if such bearer bond, promissory note or other security were a promissory note payable' to bearer : Provided that, in the case of a Qovernment promhsory not9 'renewed under section 13, nolhinv in . . this section shall be deemed to ba.r a claim against tlx Government in respect of such note by any person- who who had no notice of the proceedings under that section, or who derives title thromgh any such person. `18.` Save as otherwise provided id this Act- other Discharge cases. in - (i) on payment of the amount due on a Government security on or after the date on which payment becomes due, or - (ii) when a duplicate security has been issued under section 10, or - (iii) when a renewed security has beon issued under section 12 or section 13, or a new security or securities has or have been issued upon conversion, consolidation or sub-division under section `15,` the Government shall be discharged from all liability in respect of tlie seourity or securities so paid or in place of which `a` duplicitte, renewed, or new security or securities has or have been issued- - (a) in the case of payment-after tla lapse of six years from the date on which payment was due ; - (6) in the case of a duplicate security-after the lapse of six years from tile date of the publication under sub-section (3) of section 10 of the list in which the security is first mentioned, or from the date of the last payment, of interest on the original security, whichever date is later ; - (c) in the case of a renewed security or of a new security issued upon conversion, consolidation or sub-division-after the lapse of six years from the date of the issue thereof. Summary procedzcre ia certaia cases. 19. (1) If within six months of the death of a `P` rocednre on death of person who was entitled to a Government security or holder of of securities (other than a security payable to bearer) ~ecurities exeeding not auexeeding not auau the nominal or face value of which does not in the ,~gregate exceed five thousand rupees, probate of value thousand of thousand of of fi\ e death of holder of of ~ecurities exeeding not auexeeding not auau value thousand of thousand of of fi\ e the rnpeea. the willbor letters of aaministration of the est%te of suoh person or a certificate-granted under the Succession Certificate Act, 1889;. is not produoed to the is not produoed to the vrl prescribed officer, such officer may, after inquiry in the manner provided in sub-sections (2) md (3) of section 1'3, determine who is the person entitled to the security or securities ar to administer the estate af tfrie deoeased, and may- sion Certificate Act, 1889;. is not produoed to the is not produoed to the vrl `0~1889-` deoeased, and may(a) in the case of any such security relating to[- ] a loan due for repayment, abtliorise <payment of the amount due thereon to such person - ; a ~ d (6) in the case of any such security relating to a loan not due for repayment, authorise, in the case of a promissory note, tlie renewal of ~uch~promissory note in favour of such person, or, in the caw of:stock,, the registratian af the name of mch" person in substitution for the name o$ the deceased. (2) Upon the payment or renewal of any prodssory note in aceordance with subdseotion ( I ) , the Gov~snulze~rrt shall be discharged from all liability in rmpect of the note so paid or renewed ; and any substitution of names made in accardanoe with clause (b4 :of subqseotion ( I ) shall, ,for the purposes of any `cbim4` against the Goverament,, be deemed to have efeoted a valid transfer of the. stock in respect of which it was made. (3). Any. creditor or claimant, against the estate of' the deoeased may reoomr his .debt or olaim out of money paid to any person under sub-section ( I ) and remaining in his hands unadministered in the same manner and to the same extent `tg~,` if the wid person had obtained letters of administra&=- of the estate of the deceased, and nothing in this section shall affect m y claim-,of an executor or administrabrl or other re ot E 'er resetative of the deceased against suoh person tham a claim to recover amounts lawfully paid! by him inrtdue course of administration of the estate of the dreoeased, Securities Secwit ies he1 d By mimors amd 2.ulaat ics.