Debts Adjustment) Act, 1951 , LXX of 1951 which provides for the adjustment and settlement of debts due by displaced persons. Section 2(9) defines ... word 'debt' had not used the expression 'debt due from him' and the debtor was not defined as a person
Debt Recovery Tribunal as the amount sought to be recovered is not "debt" as, defined in S. 2(g) of the said ... filed.
4. Section 2(g) of the said Act which defines "debt" is relevant for the purposes of this appeal. It reads
relevant to the controversy raised before us.
5. Section 2(c) defines "debt" which means "any liability (inclusive of interest) which ... debt to which the provisions of the said Act apply or a decretal debt due from "a debtor" as defined
Clause (d) defines who is a "debtor". Clause (g) thereof defines "marginal farmer" and Clauses (1) and (m) define "rural ... artisan, who on the appointed day is in debt Now term "debt" has been defined to mean any liability which is due from
went before the Debt Adjustment Board it is obvious that the judgment-debt was liable to be adjusted by the Debt Adjustment Board. Section ... Saurashtra Agricultural Debtors Relief Act 1954 which defines debt includes also a judgment-debt and an application can therefore be made by a debtor under
observations, it is
argued that the moment the State Bank transferred the debt, the
principal borrower ceased to be the borrower of the State Bank ... more particularly, the definition of the term "debt" as defined
under Section 2(g) of the RDB Act, 1993. The same reads thus
explanation to Section 138 of the Negotiable
Instruments Act defines the expression "debt or
other liability" as a legally enforceable debt or
other ... many definitions of the word debt
have been given though the word debt is not
defined in the Act. 'Debt' is defined
security
interest or matters incidental thereto. The term 'debt' is defined
in section 2(ha) and the term "security interest ... security interest is created. In turn, the
words "secured debt" is defined in Section 2(ze) to mean a debt
which is secured
debt or other liability" as a legally enforceable debt or other
liability. A cheque given not for the satisfaction of any debt or other ... many definitions of the word debt have been
given though the word debt is not defined in the Act. 'Debt' is defined
explanation to
Section 138 of the Negotiable Instruments Act defines the
expression "debt or other liability" as a legally enforceable
debt or other ... JUDGMENT
Too many definitions of the word debt have been given
though the word debt is not defined in the Act. 'Debt
