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[Cites 0, Cited by 4] [Section 16] [Entire Act]

Union of India - Subsection

Section 16(1) in The Displaced Persons (Debts Adjustment) Act, 1951

(1)Where a debt incurred by a displaced person is secured by a mortgage, charge or lien on the immovable property belonging to him in West Pakistan, the Tribunal may, for the purpose of any proceeding under this Act, require the creditor to elect to retain the security or to be treated as an unsecured creditor.