section 8
Inspection and supply of inforrnali~n
The Punjab Backward Classes (Grant of Loans) Act, 1957Finance195714 sections
Statutory text
Any borrower who makcs default in the repaymenr or lhc loan or any instalmenls thereof shall be bound-
(a) to comply with any general or special ordcr af the Controlling Authority relating to the inspection of the premises, buildings, machinery and s~ock in hani purchased or I-rircd by the borrower with the aid of. rhe loan grantcd to him ; and
(b) to furnish 'any information which the Controlling Aurhority may requirc in respect of rhe purpose or purposes Por which the loanm was granted or of the manner in which the loan has been or is being utilised.
Study data processing for this section.
PDF: pending for this language.