Bare Act
The Haryana Relief of Agricultural Indebtedness Act, 1989
Finance198925 sections
This Act provides relief measures for farmers and agricultural workers in Haryana who are burdened by debt. It creates a legal framework for resolving disputes with moneylenders and banks, specifically targeting loans taken for farming purposes like seeds, tools, or transport. By defining eligible debts and setting procedures for resolution, the law helps prevent farmers from becoming permanently insolvent or having their land seized. This measure is vital for protecting the economic livelihood of the rural agricultural community, ensuring they can sustain their families and farming operations despite financial difficulties.
- 1. Short title and commencement.
- 2. Definitions.
- 3. Discharge of debt.
- 4. Interest.
- 5. Setting up of debt conciliation Boards.
- 6. Application for settlement.
- 7. Verification of application.
- 8. Particulars to be stated in application
- 9. Procedure on receipt of application.
- 10. Notice calling upon creditors to submit statements of debts.
- 11. Procedure on submission of statements of debts.
- 12. Power of Board to adjudicate.
- 13. Consequence of non-registration under Punjab Act 3 of 1938.
- 14. Power of Board to summon etc.
- 15. Dismissal of application in default.
- 16. Decision of Board to be final.
- 17. Bar of civil suits.
- 18. Review.
- 19. Appeal.
- 20. Appearance of party before the Board by agent or by legal practitioner.
- 21. Application of provision of Parliament Act 36 of 1963.
- 22. Recovery of sums due.
- 22-A. Power of State Government to give directions.
- 23. Power to make rules.
- 24. Repeal.
PDF: pending for this language.