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Section 27: Debtor not bound to admit correctness of accounts.

The Maharashtra Money-Lending (Regulation) Act, 2014.State Act of Maharashtra · Act 8 of 2014

A debtor to whom a pass book has been furnished under section 24 or a statement of accounts has been furnished under section 25, shall not be bound to acknowledge or deny its correctness and his failure to do so shall not, by itself, be deemed to be admission of the correctness of the accounts.

Where this provision sits

ActThe Maharashtra Money-Lending (Regulation) Act, 2014.
Section27
Marginal noteDebtor not bound to admit correctness of accounts.
JurisdictionState of Maharashtra
StatusIn force as published by the source

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