The application of the principles in Section 45 of the Indian Contract Act 1872 may be excluded by s...........

The application of the principles in Section 45 of the Indian Contract Act, 1872 may be excluded by statutes, especially those relating to securities, which provides that:

securities payable to one or more persons jointly shall, on death of any of them, be payable to the survivor or survivors

securities payable to one or more persons severally, shall be payable on death of any of them to any of the survivors or the legal representative(s) of the deceased holder

any one or more joint holder can give effectual receipt for interest, unless notice is given by the other holders to the promisor

all of them