Identify the law according to which if payment did not come in by sunset of the specified date, the zamindari was liable to be auctioned.

Sunset Law

The correct answer is Option (3) → Sunset Law

British India's Sunset Law, commonly referred to as the Revenue Sale Act was passed in 1793. According to the Sunset Law, if payment did not come in by sunset of the specified date, the zamindari was liable to be auctioned.

The adoption of the 'sunset law' by the English East India Company meant that if there was a default in revenue payments by sunset of the specified date, the zamindari (landholding) was liable to be auctioned. This was a measure taken by the East India Company to ensure prompt revenue collection and control over land revenue administration during the colonial period in India.