Section 52: Application of fine.

The National Housing Bank Act, 1987Central Act · Act 53 of 1987

[1 52. Application of fine.-- A court imposing any fine under this Act may direct that the fine, if realised shall be applied--

(a) firstly in, or towards payment of, the cost of the proceedings, and

(b) secondly for repayment of the deposit to the person to whom repayment of the deposit was to be made, and on such payment, the liability of the housing finance institution to make repayment of the deposit shall, to the extent of the amount paid by the Court, stand discharged.]

Where this provision sits

Act	The National Housing Bank Act, 1987
Section	52
Marginal note	Application of fine.
Jurisdiction	Central
Status	In force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

substituted, Act 15 of 2000. . Subs. by Act 15 of 2000, s. 26, for section 52 (w.e.f. 12-6-2000).

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 account

Need this as data, not as a page? The National Housing Bank Act, 1987 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.