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[Cites 0, Cited by 0] [Section 147] [Entire Act]

NCT Delhi - Subsection

Section 147(3) in The Delhi Co-operative Societies Rules, 2007

(3)In case a judgment-debtor is arrested in execution of a decree for the payment of money and brought before the Recovery Officer, he shall inform him that he may apply to be declared an insolvent and that he may be discharged if the judgment-debtor has not committed any act of bad faith regarding the subject of the application and if the judgment-debtor complied with the provisions of the law of insolvency for the time being in force.