PLACE OF PAYMENT OF A DEBT

• Date: 06 February 2019

"It is the law that where no payment is expressly or impliedly specified by the contract the general rule is that it is the debtor’s duty (his place of residence notwithstanding) to seek the creditor in order to pay him at his place of business or residence if it is within the country or realm. In other words, "It is a general principle that money is paid to a creditor by a debtor where the creditor is"- (See Sir Francis Jeune in The Eider 1893 Probate 119 at 128; also Robey v. Snaefell Mining Co. (1888) 20 Q.B.D. 152 at 154) Stephen J. citing the authority of Sir Edward Coke...