State Act

15-A

Section 15-A. Settlement of disputes by Ombudsperson.

THE KARNATAKA MONEY-LENDERS ACT, 1961

Act no. 12 of 19621962In forceKarnataka (State Act)

1[15-A. Settlement of disputes by Ombudsperson.- The Government shall by notification appoint an Ombudsperson who can act as a mediator between the borrower or lender, for settling the disputes. The procedure and guidelines for the settlement and mediation shall be in the manner as may be prescribed.