Maharashtra Debt Relief Act, 1975
Bare Act · 1975
- Act number
- 3 of 1976
- Enacted
- 3 January 1976
- Contents
- 62 sections
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Contents
- Section 1 – Short title, extent and commencement
- Section 2 – Definitions
- Section 3 – Revival of all discharged debts under Ordinance VII of 1975
- Section 4 – Discharge of certain debts and consequences thereof
- Section 5 – Prohibition against disposal of pledged property, etc. and penalty
- Section 6 – Power of certain officers to enforce delivery of possession of property to debtor (preview)
- Section 7 – Creditor may dispute debtor’s claim (preview)
- Section 8 – Power of entry and search (preview)
- Section 9 – Creditor required to pay value of pledged property in certain cases (preview)
- Section 10 – Power of Authorised Officer to impose fine for frivolous or vexatious applications (preview)
- Section 11 – Bar of jurisdiction (preview)
- Section 12 – Suits involving issues required to be decided under this Act (preview)
- Section 13 – Agreement for labour in lieu of debt to become void (preview)
- Section 14 – Moratorium on debts of workers in certain cases (preview)
- Section 14A – Temporary duration of Chapters IV and V (preview)
- Section 15 – Stay of proceedings in case of certain decrees (preview)
- Section 16 – Release of persons in detention in civil prison (preview)
- Section 17 – Relief against default in payment of installments (preview)
- Section 18 – Computation of time for execution (preview)
- Section 19 – Payment of certain decrees (preview)
- Section 20 – Transfer by small farmer to be voidable (preview)
- Section 21 – Restriction on amount of claim and interest in certain cases (preview)
- Section 22 – Commencement of Chapter V-A (preview)
- Section 23 – Definitions (preview)
- Section 24 – Application for adjustment of debts (preview)
- Section 25 – Every creditor and debtor to file true and correct statement before Court (preview)
- Section 26 – Assignee from non-debtor not entitled to benefit of this chapter (preview)
- Section 27 – Application for recording settlement (preview)
- Section 28 – Service of notice on debtor and creditor to submit statement of debts (preview)
- Section 29 – Debts in respect of which no application for adjustment or settlement is made to be extinguished (preview)
- Section 30 – Duties of debtors and creditors (preview)
- Section 31 – Preliminary issues (preview)
- Section 32 – Examination of creditor and debtor (preview)
- Section 33 – Mode of taking accounts (preview)
- Section 34 – In certain cases rent may be charged in lieu of profits (preview)
- Section 35 – Power of Court to declare certain transfers to be in the nature of mortgage (preview)
- Section 36 – Provisions of section 35 not to apply to certain transfers and transferees (preview)
- Section 37 – Court’s duty to determine particulars, value etc. of property (preview)
- Section 38 – Fraudulent alienations or encumbrances void (preview)
- Section 39 – Paying capacity of debtor (preview)
- Section 40 – Debts payable by debtor to be scaled down (preview)
- Section 41 – Award (preview)
- Section 42 – Ex-parte proceeding, if any party does not appear (preview)
- Section 43 – Award to be registered (preview)
- Section 44 – Execution of award (preview)
- Section 45 – Postponement of payment of installment in case of remissions, etc (preview)
- Section 46 – No alienation by debtor before discharge of debts valid (preview)
- Section 47 – Court may order sale of debtor’s property in liquidation of his debts (preview)
- Section 48 – Legal practitioners excluded from appearance (preview)
- Section 49 – Appeals (preview)
- Section 50 – Power of District Judge to refer for disposal certain appeals to Assistant Judge or Civil Judge empowered to hear appeals (preview)
- Section 51 – Court-fees (preview)
- Section 52 – Notice how served (preview)
- Section 53 – Provisions of Civil Procedure Code to apply to proceedings (preview)
- Section 54 – Bar of civil suits or proceedings (preview)
- Section 55 – Period of proceedings before courts under this chapter to be excluded (preview)
- Section 56 – Alienation of standing crop, etc., before repayment of loan prohibited (preview)
- Section 57 – Power to make rules (preview)
- Section 58 – Further exemptions (preview)
- Section 59 – Debts adjusted under any other laws not to be further adjusted under this Chapter (preview)
- Section 60 – Exemptions (preview)
- Section 61 – Repeal of Mah. Ord. VII of 1975 and savings (preview)