Repealed or not in force · As amended up to 2026-08
13. When a renewed security has been issued under section 11, or a duplicate security has been issued under section 12, the Government shall be discharged from all liability in respect of the original security.
Period after which the Government is released from liability
160 Securities. [ACT XIII
in respect of original security.
security of which the renewed or duplicate security has been issued—
(a) in the case of a renewed security, after the lapse of six years from the date of the issue of the renewed security;
(b) in the case of a duplicate security, after the lapse of six years from the date of the publication under section 12, sub-section (3), 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 the later.
Power of Governor General in Council to make rules.
Source: India Code