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Lasa Din vs Gulab Kunwar on 21 June, 1932

"I would guard myself against holding that in the case of every bond with a default clause the whole amount necessarily become due. The answer would depend on the particular language of the document employed. But I would certainly hold that even if it be held that money does not become due immediately on the occurrence of a default, it would certainly become due if the creditor exercises his option by demanding the amount and by serving notice on the defendant to pay the whole sum." All the learned Judges however referred to the decision of the Privy Council in Lasa Di v. Gulab Kunwar, AIR 1932 PC 207 : ILR 7 Luck 442 (J).
Bombay High Court Cites 11 - Cited by 57 - Full Document
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