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Section 22B: Paying capacity of debtor.

The Maharashtra (Vidarbha Region) Agricultural Debtors Relief Act, 1969State Act of Maharashtra · Act 22 of 1969

The paying capacity of a debtor shall, for the purposes of this Act, be deemed to be 60 per cent. of the market value of all the property of the debtor :

Provided that, when any portion of such property yields income, but the market value of such portion cannot be determined, the value of such portion shall be the amount of the income capitalised at 6 per cent. per annum.

Where this provision sits

ActThe Maharashtra (Vidarbha Region) Agricultural Debtors Relief Act, 1969
Section22B
Marginal notePaying capacity of debtor.
JurisdictionState of Maharashtra
StatusIn force as published by the source

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