Vidhi Codex

TRIPURA AGRICULTURAL DEBTORS RELIEF ACT, 19751

The Tripura Agricultural Debtors Relief Act, 1975

Finance197531 sections5 chapters

This legislation establishes a temporary restriction or moratorium on the recovery of debts owed by specific farmers and rural workers within the state of Tripura. It focuses on individuals classified as marginal or small farmers, share-croppers, landless laborers, and rural artisans who are struggling financially. By limiting how creditors can enforce repayment, the Act ensures these vulnerable groups have breathing room to stabilize their finances, recover from crop failures, and keep their farms without immediate risk of losing their land or livelihood.

Start reading →Read full ActSections

Chapter I PRELIMINARY →

  1. 1Short title, extent and commencement.
  2. 2Definitions.

Chapter II DISCHARGE OF DEBT AND CONSEQUENCES THEREOF →

  1. 3Discharge of debt and consequences thereof.

Chapter III MORATORIUM →

  1. 4Moratorium.

Chapter IV PROCEDURE FOR SETTLEMENT OF DEBTS →

  1. 5Establishment of Tribunal.
  2. 6Application for settlement of debt.
  3. 7Assignee from non-debtor not entitled to benefit of this Act.
  4. 8Application for recording settlement.
  5. 9Settlement during pendency of proceedings before Tribunal.
  6. 10Consolidation of applications.
  7. 11Service of notice on debtors and creditors to submit statement of debts.
  8. 12Debts in respect of which no application for settlement is made to be void.
  9. 13Duties of debtors and creditors.
  10. 14Powers of Tribunal to effect settlement and to decide disputes as to existence or amount of debt or assets.
  11. 15Maximum amount allowable in settlement of a debt and powers of Tribunal in respect thereof.
  12. 16Appeal from order of Tribunal.
  13. 17Revision.
  14. 18Settlement outside this Act to be void.

Chapter V MISCELLANEOUS →

  1. 19Tribunal to have certain powers of Civil Courts.
  2. 20The order of a Tribunal subject to appeal and revision shall have the effect of a decree of a Civil Court.
  3. 21Jurisdiction of Civil Courts barred.
  4. 22Stay of pending suits or other proceedings and their disposal.
  5. 23Penalty for molestation.
  6. 24General provision regarding penalties.
  7. 25Certain offences to be cognizable.
  8. 26Protection of action taken in good faith.
  9. 27Period of limitation.
  10. 28Remission of interest.
  11. 29Power to make rules.
  12. 30Repeal and savings.

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