(1) Where the Advocate taking loan under these rules fails to repay the loan in time and applies for grant of further time for the payment of the loan, it shall be competent for the Chairman of the Welfare Fund Committee to grant such further time as may be deemed reasonable in the circumstances of the case with or without late fee as he deems fit.
(2) Where an Advocate fails to repay the loan even within the further time granted to him under sub-rule (1), the Welfare Fund Committee shall report the matter to the Chairman of the Bar Council for such action as he deems necessary under the Advocates’ Act, 1961.
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4. Substituted by G.O.Ms.No.179, Law (C) Department, dated
27.12.2006.
Action for non-payment.
Recovery of the Loan.
F:\Rules upload\The Telangana Advocates' Welfare Fund (Loans for Purchase of Books) Rules, 1994\Index.docx F:\Rules upload\The Telangana Advocates' Welfare Fund (Loans for Purchase of Books) Rules, 1994\Telangana Advocates' Welfare Fund (Loans for Purchase of Books) Rules, 1994.docx