State Act
30
Section 30. Paying capacity.
The Maharashtra Agricultural Debtors Relief Act.
Act no. 28 of 19471947In forceMaharashtra (State Act)
30. Paying capacity.— The paying capacity of the debtor, shall, for the purposes of this Act, be deemed to be sixty per cent. of the 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 capitalized at six per cent. per annum.