THE USURY LAWS REPEAL ACT, 1855 [Act, No.28 of 1855]1 [AS ON 1957] [19th September, 1855.] PREAMBLE An Act for the repeal of the Usury Laws. WHEREAS it is expedient to repeal the laws now in force relating: to usury; It is enacted as follows: - -
View Complete Act List Judgments citing this sectionRep.by the Repealing Act, 1870 (14 of 1870).
View Complete Act List Judgments citing this sectionIn any suit in which interest is recoverable, the amount shall be adjudged or decreed by the Court at the rate (if any) agreed upon (c) for the redemption of any security given after the commencement of this Act in respect of any loan made either before or after the commencement of this Act.]
View Complete Act List Judgments citing this section.....This section shall apply to any suit, whatever its form may be, if such suit is substantially one for the recovery of a loan or for the enforcement of any agreement or security in respect of a loan {Ins.by Act 28 of 1926, s, 3.} [or for the redemption of any such security]. (4) Nothing in this section shall affect the rights of any transferee for value who satisfies the Court that the transfer to him was bona fide, and that he had at the time of such transfer no notice of any fact which would have entitled the debtor as against the lender to relief under this section. For the purposes of this sub-section, the word " notice " shall have the same meaning as is ascribed to it in section 4 of the Transfer of Property Act, 1882. (5) Nothing in this section shall be construed as derogating from the existing powers or jurisdiction of any Court.
View Complete Act List Judgments citing this sectionOn any application relating to the admission or amount of a proof of a loan in any insolvency proceedings, the Court may exercise the like powers as may be exercised under section 3 by a Court in a Suit to which this Act applies.
View Complete Act List Judgments citing this sectionTHE SONTHAL PARGANS ACT, 1855 [Act, No. 37 of 1855] [22nd December, 1855] PREAMBLE An Act to remove from the operation of the general Laws and Regulations certain district inhabited by Sonthals and others, and to place the same under the superintendence of an officer to be specially appointed for that purpose. Whereas the general Regulations and Acts of Government now in force in the Presidency of Bengal are not adapted to the uncivilized race of people called Sonthals, and it is therefore expedient to remove from the operation of such laws the district called the Damin-i-Koh, and other district which are inhabited principle by the tribe; It is enacted as follows,--
View Complete Act List Judgments citing this sectionThe administration of civil and criminal justice and the collection of the revenue, not being permanently settled land revenue within the said districts, are hereby vested in the officer or officers to be so appointed: Suits exceeding value of one thousand rupees. 1Provided that all civil suits in which the matter in dispute shall exceed the value of one thousand rupees shall be tried and determined according to the general laws and regulations in the same manner as if this Act had not been passed: Collection of permanently settled land revenue. Provided also that all permanently settled land revenue shall be collected and paid at the same places and in the same manner as if this Act had not been passed. ________________________ 1. With reference to this proviso, see the Sonthal Praganas Settlement Regulations, 1872 (3 of 1872), section 3(2) and Sonthal Parganas Justice Regulation, 1893 (5 of 1893), section 15.
View Complete Act List Judgments citing this sectionIn the administration of civil and criminal justice the officer or officers under this Act1[***] may hold his or their Courts either within the said district or at any place or places that may be appointed for that purpose by the2[State Government]; and any person liable to be imprisoned in any civil or criminal jail may be imprisoned in any civil or criminal jail, as the case may be, which the2[State Government] may order, whether the same be in or out of the said district. ________________________ 1. The words "shall be guided by the spirit and principle of the Civil and Criminal Laws administered in the Courts of the East India Company in the Presidency of Bengal, but shall not be bound to take the fatwa of a law officer; and he or they", were omitted by the Sonthal Parganas Justice Regulation, 1893 (w.e.f. 5 of 1893). 2. Substituted for the words "Provincial Government" by A. L. O., 1950.
View Complete Act List Judgments citing this section[Repealed by the Sonthal Parganas Justice Regulation, 1893 (5 of 1893).]
View Complete Act List Judgments citing this section[Repealed, ibid.]
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