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State of West Bengal - Section

Section 141 in The Calcutta Municipal Corporation Act, 1980

141. Payment to survivors of joint payees. -

When any debenture or security issued under this Act is payable to two or more persons jointly and either or any of them dies, then, notwithstanding anything in section 45 of the Indian Contract Act, 1872, the debenture of security shall be payable to the survivor or survivors of such persons :Provided that nothing in this section shall affect any claim by the representative of a deceased person against such survivor or survivors.