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Displaced Persons (Debts Adjustment) Act, 1951 Complete Act - Bare Act

State

Central Government

Year

Act Info:


Preamble1 - DISPLACED PERSONS (DEBTS ADJUSTMENT) ACT, 1951
Chapter I
Section1 - Short title, extent and commencement
Section2 - Definitions
Section3 - Over-riding effect of Act, rules and orders
Section4 - Tribunals competent to exercise jurisdiction under this Act
Chapter II
Section5 - Application by displaced debtors for adjustment of debts
Section6 - Rejection of application in certain cases
Section7 - Issue of notice
Section8 - Objection by respondents
Section9 - Proceeding after service of notice on respondents
Section10 - Claims by creditors against displaced debtors
Section11 - Procedure on creditors petition
Section12 - Objection by creditor to schedule of assets
Section13 - Claims by displaced creditors against persons who are not displaced debtors
Section14 - Procedure on displaced creditor's petition
Section15 - Consequences of application by displaced debtor
Section16 - Debts secured on immovable property
Section17 - Debts secured on movable property
Section18 - Claim against insurance companies
Section19 - Calls on shares in companies
Section20 - No calls to be made on displaced person or bank when company or co-operative society is in liquidation
Section21 - Power to revise certain decree and settlement
Section22 - Apportionment of joint debts
Section23 - Simplified procedure in certain cases.-In the determination of any individual debt which does not exceed five thousand rupees
Section24 - Persumption respecting registered documents
Section25 - Application of Act V of 1908
Section26 - Signing and verification of applications and written statements
Section27 - Contents of decrees
Section28 - Execution of decrees
Chapter III
Section29 - Cesser of accrual of interest
Section30 - Exemption from arrest
Section31 - Further reliefs in the matter of attachment of property
Section32 - Scaling down of debts
Section33 - Matters to be taken into account in directing payment by instalments
Section34 - Variation of maintenance allowances
Section35 - Taxation of lawyers fees
Section36 - Extension of period of limitation
Section37 - Curtailment of period of limitation for execution of certain decrees
Section38 - Sale of immovable property in execution
Section39 - Encouragement of settlements
Chapter IV
Section40 - General provisions relating to appeals
Section41 - Restrictions on right of appeal in certain cases
Section42 - Parties to appeals
Chapter V
Section43 - Registration of certain societies and companies under Indian law
Section44 - Bar of further application in certain cases
Section45 - Amendment of application
Section46 - Service of notices
Section47 - Effect of failure on the part of displaced debtor to disclose certain matters
Section48 - Proceedings not to abate on death of debtor
Section49 - Past transactions not to be affected
Section50 - Disputed debtor not to be deemed insolvent
Section51 - Compromises or arrangements between banks and their debtors not to be reopened in certain cases
Section52 - Communication of contents of decrees to prescribed authority
Section53 - Application of the Limitation Act
Section54 - Order XXXVIII of the First Schedule to the Code of Civil Procedure not to apply
Section55 - Protection of action taken in good faith
Section56 - Delegation of powers
Section57 - Power of Central Government to make rules
Section58 - Power of State Government to make rules
Section58A - Laying of Rules
Section59 - Repeals


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