Section 61 of the Indian Contract Act, 1872.

Application of payment where neither party appropriates.—

Where neither party makes any appropriation, the payment shall be applied in discharge of the debts in order of time, whether they are or are not barred by the law in force for the time being as to the limitation of suits. If the debts are of equal standing, the payment shall be applied in discharge of each proportionably.

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Section 1 of the Indian Contract Act, 1872.
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Section 18 of the Indian Contract Act, 1872.
Section 19 of the Indian Contract Act, 1872.
Section 19A of the Indian Contract Act, 1872.
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Section 178A of the Indian Contract Act, 1872.
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Section 236 of the Indian Contract Act, 1872.
Section 237 of the Indian Contract Act, 1872.
Section 238 of the Indian Contract Act, 1872.

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