Works of Defence Act : INVESTMENT OF MONEY DEPOSITED IN OTHER CASES Indian Bare Acts :

Works of Defence Act,1903

Act No : 7

Section : INVESTMENT OF MONEY DEPOSITED IN OTHER CASES

SECTION 33: INVESTMENT OF MONEY DEPOSITED IN OTHER CASES

If any money is deposited in Court under this Act for any cause other than that mentioned in section 32-; the Court may, on. the application of any party interested or claiming an interest in such money, order the same to be invested in such Government of other approved securities as it thinks fit, and may direct the interest or other proceeds of any such investment to be accumulated and paid in such manner as will, in its opinion, give the parties interested therein the same benefit there from as they might have had from the land in respect of which such money was deposited or as near thereto as may be.