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The Punjab Relief of Indebtedness Act, 1934 Complete Act

State: Punjab

Year: 1934

THE PUNJAB RELIEF OF INDEBTEDNESS ACT, 1934 THE PUNJAB RELIEF OF INDEBTEDNESS ACT, 1934 PUNJAB ACT 7 OF 1934 TABLE OF CONTENTS PART I PRELIMINARY Sections Subject 1. Short title, extent and commencement. 2. Interpretation clause (definitions) PART II INSOLVENCY PROCEDURE 3. Amendment of section 10 of the Provincial Insolvency Act, 1920 4. Amendment of section 74 of the Provincial Insolvency Act, 1920. PART III USURIOUS LOANS 5. Amendment of section 3 of the Usurious Loans Act, 1918 . 6. Retrospective Effect. PART IV DEBT CONCILIATION BOARDS 7. Interpretation clause (definitions). 8. Setting up of Debt Conciliation Boards. 9. Application for settlement between a debtor and his creditors. 10. Verification of application. 11. Particulars to be stated in application. 12. Procedure on receipt of application. 13. Notice calling upon creditors to submit statements of debts. 14. Procedure on submission of statement of debts. 15. Board to attempt amicable settlement 15A Power of.....