section 22B
Paying capacity of debtor.
The Maharashtra (Vidarbha Region) Agricultural Debtors Relief Act, 1969Finance196957 sections5 chapters
Chapter II PROCEDURE FOR ADJUSTMENT OF DEBTS
Statutory text
The paying capacity of a debtor shall, for the purposes of this Act, be deemed to be 60 per cent. of the market value of all the property of the debtor : Provided that, when any portion of such property yields income, but the market value of such portion cannot be determined, the value of such portion shall be the amount of the income capitalised at 6 per cent. per annum.
Study data processing for this section.
PDF: pending for this language.