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" A and B are mutually indebted. A and B settle an account by setting off one item against another, and B pays A the balance found to be due from him upon such settlement. This amounts to a payment by A and B, respectively, of the sums which they owed to... "
Parliamentary Papers - Page 16
by Great Britain. Parliament. House of Commons - 1868
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The Indian Contract Act, No. IX of 1872: Together with an Introduction and ...

India - Contracts - 1878 - 710 pages
...Afterwards, and before A knows of the transfer, C fails. There has been a good payment by B. (/.'.; A nnd B are mutually indebted. A and B settle an account by setting oil one item against another, and B pays A the balance found to be due from him upon such settlement....
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The Indian Contract Act, Act IX. of 1872, with a Commentary, Etc

India, Charles Colin Macrae - Contracts - 1874 - 274 pages
...C. Afterwards, and before A knows of the transfer, C fails. There has been a good payment by B. (J.) A and B are mutually indebted, A and B settle an account...they owed to each other. (c.) A owes B 2,000 rupees. B accepts some of A's goods in deduction of the debt. The delivery of the goods operates as a part-payment....
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The New Civil Court Manual: Being the Sixth Edition of the "Civil P. Code ...

India, D. E. Cranenburgh - Civil procedure - 1883 - 1108 pages
...O. Afterwards, and before A knows of the transfer, C fails. There has been a good payment by B. (6.) A and B are mutually indebted. A and B settle an account...B pays A the balance found to be due from him upon euch settlement. This amounts to a payment by A and B, respectively, of the •urns which they owed...
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The Bengal Regulationa, the Acts of the Governor-general in ..., Volume 2

Punjab (India) - 1883 - 840 pages
...C. Afterwards, and before A knows of the transfer, G fails. There has been a good payment by B. (6.) A and B are mutually indebted. A and B settle an account...and B pays A the balance found to be due from him upoc sudi settlement. This amounts to a payment by A and B, respectively, of the sums which they owed...
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The Anglo-Indian Codes, Volume 1

India - India - 1887 - 1084 pages
...C. Afterwards, and before A knows of the transfer, C fails. There has been a good payment by-B. (6) A and B are mutually indebted. A and B settle an account...the sums which they owed to each other. (c) A owes B 2000 rupees. B accepts some of A'a goods in reduction of the debt. The delivery of the goods operates...
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The Indian Contract Act, No. IX of 1872: Together with an Introduction and ...

India - Contracts - 1894 - 688 pages
...0. Afterwards, and before A knows of the transfer, 0 fails. There has been a good payment by B. (I.) A and B are mutually indebted. A and B settle an account...they owed to each other. (c.) A owes B 2,000 rupees. B accepts some of A's goods in reduction of the debt. The delivery of the goods operates as a part-payment....
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The Unrepealed General Acts of the Governor General in Council: 1868-76

India - Law - 1898 - 600 pages
...is done by C. Afterwards, and before A knows of the transfer, C fails. There has been a good payment by B. (b) A and B are mutually indebted. A and B settle...they owed to each other. (c) A owes B 2,000 rupees. B accepts some of A's goods in reduction of the debt. The delivery of the goods operates as a part...
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A Manual of Mercantile Law

MC Shukla - Law - 2010 - 748 pages
...is done by C. Afterwards, and before A knows of the transfer, C fails. There has been a good payment by B. (b) A and B are mutually indebted. A and B settle...they owed to each other. (c) A owes B 2,000 rupees. B accepts some of A's goods in deduction of the debt. The delivery of the goods operates as a part...
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Business Law

R S N Pillai - Business & Economics - 1999 - 484 pages
...is done by C. Afterwards, and before A knows of the transfer, C fails. There has been a good payment by B. (b) A and B are mutually indebted. A and B settle...account by setting off one item against another, and fi pays A the balance found to be due from him upon such settlement. This amounts to a payment by A...
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The Punjab Record, Volume 7, Part 1

1872 - 678 pages
...C. Afterwards, aud before A knows of the transfer, C fails. There has been a good payment by B. (A.) A and B are mutually indebted. A and B settle an account by setting off one item, against another, ami B pay* A the buhtnce found to be due from him upon such settlement. U'his awuuuU to u payment by...
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