State Act

34

Section 34. Application to court by debtor for taking account.

THE RAJASTHAN MONEY-LENDERS ACT, 1963

Act no. 1 of 19641964In forceRajasthan (State Act)

34. Application to court by debtor for taking account.-- (1) Any debtor may make an application at any time to the court, whether the loan has or has not become payable, for taking accounts and for declaring the amount due to the money-lender. (2) Such application shall be in the prescribed form and accompanied by the prescribed fee. (3) On receipt of such application, the court cause a notice shall of the application to be given to the money-lender. (4) On the date fixed for the hearing of the application or on such dale to which the hearing may be adjourned from time to time, the court shall make an inquiry and shall, after taking an account of the transactions between the parties, pass an order declaring the amount, if any, still payable by the debtor to the money-lender, in respect of the principal and interest, taking accounts under this section the court shall follow IP visions of sections 22 to 33 and section 36.