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1 - 10 of 14 (0.21 seconds)The Usurious Loans Act, 1918
The Punjab Relief of Indebtedness Act, 1934
The Code of Civil Procedure, 1908
Section 2 in The Usurious Loans Act, 1918 [Entire Act]
Section 62 in The Indian Contract Act, 1872 [Entire Act]
The Reserve Bank of India Act, 1934
Indian Companies Act, 1913
Mangat Rai And Ors. vs Kidar Nath And Ors. on 23 May, 1961
15. The Full Bench of the Punjab High Court in Mangat Rai's case (Air 1962 Punj 1) (supra) also considered the provisions of the Punjab Relief of Indebtedness Act. It was held therein that the definition of word 'debt' in S.7 is inclusive and consequently not exhaustive. The test is that where there is a liability which can be enforced to recover the amount by coercive machinery of the law, it is a case of 'debt' within the meaning of S.7(1).