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[Cites 0, Cited by 3] [Section 5] [Entire Act]

State of Kerala - Subsection

Section 5(3) in Kerala Farmers' Debt Relief Commission Act, 2006

(3)Notwithstanding anything contained in any other provisions of this Act, any debt relief granted to a farmer by way of waiver of principal, interest and penal interest, if any shall not exceed seventy five per cent if such debt is fifty thousand rupees or less and fifty per cent, if such debt exceeds fifty thousand rupees, arrived at after settlement or rupees one lakh whichever is less