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Section 15

The Telangana Micro Finance Institutions (Regulation of Money Lending) Act, 2011.State Act of Telangana · Act 1 of 2011

(1) For the protection of debtors and for the settlement of disputes of civil nature between the SHG or its members on the one hand and the MFI on the other hand or between the members of the SHG and the SHG, in relation to the loans granted under this Act to the SHG or its members, the State Government after consultation with the High Court, and by notification,- Complaints.

Central Act 2 of 1974.

Settlement of Disputes.

[Act No.1 of 2011] 11

(a) shall, as soon as may be after the commencement of this Act, establish for every district in the State a Fast- Track Court;

(b) may estabiish Fast-Track Court for such other areas in the State, as it may deem necessary.

(2) The Government shall, after consultation with the High Court of Andhra Pradesh specify, by notification, the local limits of the area to which the jurisdiction of a Fast- Track Court shall extend and may, at any time, increase, reduce or alter such limits.

(3) The cases that may be filed before the Fast-Track Court shall be disposed of within a period of three months.

(4) The decree of the Fast-Track Courts shall be liable to be executed in accordance with the procedure under the Code of Civil Procedure, 1908.

Where this provision sits

ActThe Telangana Micro Finance Institutions (Regulation of Money Lending) Act, 2011.
Section15
JurisdictionState of Telangana
StatusIn force as published by the source

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