The paying capacity of a debtor shall, for the purposes of this Chapter, in the case of a marginal or small farmer or other agriculturist be deemed to be 20 per cent. of the average annual gross value of his agricultural produce for the five years immediately preceding the date of application, and in the case of a worker, rural artisan or rural labourer 20 per cent. of his average gross annual income during such period.
Section 39: Paying capacity of debtor.
The Maharashtra Debt Relief Act, 1975State Act of Maharashtra · Act 3 of 1976
Where this provision sits
| Act | The Maharashtra Debt Relief Act, 1975 |
|---|---|
| Section | 39 |
| Marginal note | Paying capacity of debtor. |
| Jurisdiction | State of Maharashtra |
| Status | In force as published by the source |
Find the provision, not just read it
The full text above is free, and it stays free. What a free CourtMesh account adds is everything you cannot do by reading one page at a time:
- Search 49,000+ Central and State enactments by what a provision says, not by its number
- Jump from any section to every judgment that has applied it
- Search 300 million+ Indian court records alongside the statute
- Ask a research agent to find and read the case law on a provision for you
Free account. No card. About a minute to create.
Create a free accountNeed this as data, not as a page? The Maharashtra Debt Relief Act, 1975 is one of 49,000+ enactments on CourtMesh. The Indian court cases API serves the case law that cites these provisions over JSON, with API documentation and plans and pricing. See also the judgment library.