Vidhi Codex

Bare Act

The Madhya Pradesh Refugees Rehabilitation (Loan) Act, 1949

Finance194917 sections

The Madhya Pradesh Refugees Rehabilitation (Loans) Act, 1949, was enacted to provide financial assistance to refugees and displaced persons settling in Madhya Pradesh following the partition of India. It establishes a framework for the State Government to grant loans for rehabilitation purposes, such as starting businesses or industries. The Act empowers authorities to monitor the use of these funds, inspect assets, and enforce repayment. If a borrower misuses the funds or fails to repay, the State can recover the money as arrears of land revenue. It serves as a mechanism for both state support and fiscal accountability.

Start reading →Read full ActSections
  1. 0. Preamble
  2. 1. Short title and extent
  3. 2. Definitions
  4. 3. Chief Administrator and Controlling Authorities
  5. 4. Limit of loans
  6. 5. Procedure regulating grant of loans
  7. 6. Security for repayment of loans
  8. 7. Returns
  9. 8. Inspection and supply of information
  10. 9. Powers to call for repayment before agreed period
  11. 10. Appeal
  12. 11. Mode of recovery
  13. 12. Postponement of realization of loan or instalment
  14. 13. Application of sections 6 (2), 7, 8, 9, 10, 11 and 12 to loans granted before the 18th day of January,
  15. 14. Protection of action taken under the Act
  16. 15. Power to make rules
  17. 16. Repeal and Saving

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