79. Interest when rate specified. —When interest at a specified rate is expressly made payabl e on a promissory note or bill of exchange, interest shall be calculated at the rate specified, on the amount of the principal money due thereon, from the date of the instrument, until tender or realization of such amount, or until such date after the institution of a suit to recover such amount as the Court directs.
Section 79 NI Act — Interest when rate specified
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