section 7
Relief against default in payment or instalments
The Himachal Pradesh Relief of Agricultural Indebtedness Act, 1976Finance197626 sections5 chapters
Chapter III MORATORIUM ON EXECUTION OF DECREES AGAINST SMALL FARMERS
Statutory text
(1) Where a decree for payment of the decretal amount by instalments contains a provision that in default of one or more instalments, the whole amount shall become due at once, then, notwithstanding anything in such provision, non-payment of any instalment falling due during the period in which the proceedings in execution remain stayed under this Act shall not be deemed to be a default for the purposes of such provision.
- (2) If the judgment debtor pays the instalment so falling due within a period of twelve months after the expiry of period prescribed in sub-section
- (1) then such instalment shall be deemed to have been paid on the due date. shall-
Study data processing for this section.
PDF: pending for this language.