State Act

17

Section 17. Interest on unpaid loans after stipulated time.

The West Bengal Tea Plantation Employees' Welfare Fund Act, 2015

Act no. 23 of 20152015In forceWest Bengal (State Act)

17. If the employer fails to repay the loan amount togetherwith interest within the stipulated time, he shall be liable to pay the penal interest at such rate as may be prescribed.