Section 5(1)(e) in The Central Provinces Court of Wards Act, 1899
(e)Zamindars of zamindaris in a Scheduled district declared by the State Government to be incapable of managing or unfitted to manage their own property owing to-(i)their having entered upon a course of wasteful extravagance; or(ii)their failure without sufficient reason to discharge the debts and liabilities due by them :