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

State of Maharashtra - Subsection

Section 4(e) in The Maharashtra Debt Relief Act, 1975

(e)every property pledged or mortgaged by such debtor shall stand released in favour of such debtor and the creditor shall be bound to return the same to the debtor forthwith on the debtor making an application in writing in that behalf; and the creditor shall pass a receipt to the debtor of having received the application. If the creditor refuses to pass a receipt then the debtor may get the application endorsed to that effect under the signature and date of any of the officers referred to in section 6 or by any person authorised by them in this behalf.