Bare Act

The Maharashtra Advocated Welfare Fund Act, 1981

General198130 sections

The Maharashtra Advocates Welfare Fund Act, 1981, establishes a dedicated financial safety net for legal practitioners in the state. It creates an "Advocates Welfare Fund" managed by a Trustee Committee, funded primarily through mandatory welfare stamps affixed to Wakalatnamas (legal authorization documents) and annual member subscriptions. The Act provides retirement and death benefits to enrolled advocates who are members of recognized Bar Associations. By ensuring financial support upon cessation of practice or in the event of death, the legislation aims to provide social security to lawyers, helping them and their families manage financial transitions during retirement or unforeseen circumstances.

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