section 43
Provided that if at any time during the hiring the hirer pays in advance the remaining instalments of rent, the interest payable in respect thereof shall be remitted.
The Jammu and Kashmir State Aid to Industries Act, 1961General196147 sections6 chapters
Chapter V SUPPLY OF MACHINERY ON HIRE-PURCHASE SYSTEM
Statutory text
Penalty for non-removal of metal plate from machinery Penalty for non-removal of metal plate from machinery.- If the hirer wilfully omits, after receiving due notice, to remove the metal plate from any machinery which has become his property under section 42, he shall be liable to a fine not exceeding fifty rupees.
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