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Section 37: Court’s duty to determine particulars, value etc. of property.

The Maharashtra Debt Relief Act, 1975State Act of Maharashtra · Act 3 of 1976

After taking accounts under section 33, the Court shall in the manner hereinafter provided determine,-

(a) the particulars of the property belonging to the debtor;

(b) the value of the said property;

(c) the particulars of any encumbrances on the said property;

(d) in the case of a debtor who is a marginal farmer, small farmer or other agriculturist, the average annual gross value of the agricultural produce during the five years immediately preceding the date of application, in the prescribed manner;

(e) in the case of a debtor, who is a worker, rural artisan or rural labourer, the average gross annual income during the five years immediately preceding the date of application, in the prescribed manner;

(f) the paying capacity of the debtor.

Where this provision sits

ActThe Maharashtra Debt Relief Act, 1975
Section37
Marginal noteCourt’s duty to determine particulars, value etc. of property.
JurisdictionState of Maharashtra
StatusIn force as published by the source

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