.....RESTITUTION OF MORTGAGED LANDS ACT, 1938 Amended by Punjab Act I of 1943 Amended by the Indian Independence (Adaptation of Bengal and Punjab Acts) order, 1948 (G.G.O.40) Amended by Adaptation of Laws Order, 1950 Extended to Pepsu Territory Amended by Punjab Act 18 of 1958 An Act to provide for the restitution of lands on which a mortgage subsists, which was effected prior to 8th June, 1901. WHEREAS it is expedient to provide for the restitution of certain mortgaged lands in the manner hereinafter appearing, it is enacted as follows:- Short title, extent and commencement : 1. (1) This Act shall be called the Punjab Restitution of Mortgaged Lands Act, 1938. (2) It shall apply to Punjab. (3) It shall come into force on such date as the [State] Government may by notification direct. Application of the Act to subsisting mortgage effected prior to 8th June, 1901. 2. Notwithstanding anything contained in any enactment for the time being in force, this Act shall apply to any subsisting mortgages of land, which were effected prior to 8th June, 1901. [in the territories which immediately before the 1st November, 1956, were comprised in the State of Punjab,.....
List Judgments citing this section.....or other property, whether movable or immovable and shall include- a wholesale or a retail merchant, a commission agent, a broker, a manufacturer, a contractor a factory owner, but shall not include a person who sells only his own agricultural produce or cattle, or buys agricultural produce or cattle for his own use. Suits and applications by money-lenders barred, unless money-lender is registered and licensed. 3. Notwithstanding anything contained in any other enactment for the time being in force, a suit by a money-lender for the recovery of a loan, or an application by a money-lender for the execution of a decree relating to a loan, shall after the commencement of this act, be dismissed, unless the money-lender- (a) at the time of the institution of the suit or presentation of the application for execution; or (b) at the time of decreeing the suit or deciding the application for execution- (i) is registered; and (ii) holds a valid licence, in such form and manner as may be prescribed; or (iii) holds a certificate from a Commissioner granted under section 11, specifying the loan in respect of which the suit is instituted, or the decree in respect.....
List Judgments citing this sectionTHE SUITS VALUATION (PUNJAB AMENDMENT) ACT, 1938 THE SUITS VALUATION (PUNJAB AMENDMENT) ACT, 1938 1. Short title and extent. 2. Amendment of section 4 of the Suits Valuation Act, 1887. An Act to amend the Suits Valuation Act, 1887, in its application to the Punjab Preamble. WHEREAS it is expedient to amend the Suits Valuation Act, 1887, in its application to the Punjab in order to provide for the valuation for jurisdictional purposes of suits brought by reversiones under the Punjab Customary Law for a declaration in respect of alienation of ancestral land It is hereby enacted as follows:- 1. Short title and extent. (1) This Act may be called the Suits Valuation (Punjab Amendment) Act, 1938. (2) It extends to the Punjab. 2. [Deletion of heading in the Suits Valuation Act, 1887]. Omitted by the Suits Valuation (Punjab Amendment) Act, 1942 (XIII of 1942). 3. Amendment of section 4 of the Suits Valuation Act, 1887. In section 4 of the Suits Valuation Act, 1887, after the word and figures Article 17 , the word and figures or 22 shall be deemed to be inserted. Punjab State Acts
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