The Bihar Displaced Persons (Rehabilitation Loans) Act, 1953

{
    "id": 15773,
    "slug": "the-bihar-displaced-persons-rehabilitation-loans-act-1953",
    "title": "The Bihar Displaced Persons (Rehabilitation Loans) Act, 1953",
    "short_title": "The Bihar Displaced Persons (Rehabilitation Loans) Act, 1953",
    "act_number": "Bihar Act 25 of 1953",
    "act_year": 1953,
    "act_type": "STATE",
    "location": "Bihar",
    "law_status": "unknown",
    "enactment_date": null,
    "description": "The Bihar Displaced Persons (Rehabilitation Loans) Act, 1953",
    "preamble": "",
    "section_label": "Section",
    "sections": [
        {
            "number": "1",
            "title": "1. Short title, extent and commencement.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 0
        },
        {
            "number": "2",
            "title": "2. Definition.",
            "chapter": null,
            "content": "(a) \"borrower\" means a displaced person to whom a loan has been granted under this Act and includes-\n(i) a company, association or body of displaced persons, whether incorporated or not; and\n(ii) the heirs, successors, assigns and sureties of a borrower;\n(b) \"Collector\" means the Collector of the district and includes the Additional District Magistrate of Saharsa, Additional Deputy Commissioner of Dhanbad and any officer authorised by the State Government to discharge any of the functions of a Collector under this Act;\n(c) \"company\" means a company as defined in the Indian Companies Act, 1913;\n(d) \"displaced person\" means a person displaced from the territories now comprised in Pakistan, who is, for the time being, resident in the State of Bihar and-\n(i) who has been registered under Section 4 of the Bihar Refugees Registration and Movement Ordinance, 1948; or\n(ii) who, in the opinion of the State Government, or of such authority as may be prescribed from time to time by the State Government, has migrated from Pakistan after the 1st day of March 1947, and has been registered as a displaced person under any order of the State Government;\n(e) \"loan\" means a loan granted under the provisions of this Act, in cash or in kind, and shall include any sum referred to in sub-section (4) of Section 4;\n(f) \"prescribed\" means prescribed by Rules made under this Act;\n(g) \"Relief and Rehabilitation Commissioner\" means an officer appointed as such by the State Government; and\n(h) \"sanctioning authority\" means the authority who sanctions a loan.",
            "footnote": "",
            "is_definition": true,
            "sort_order": 1
        },
        {
            "number": "3",
            "title": "3. Application for loan.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 2
        },
        {
            "number": "4",
            "title": "4. Grant of loans.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 3
        },
        {
            "number": "5",
            "title": "5. Execution of loan bond.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 4
        },
        {
            "number": "6",
            "title": "6. Security for loan.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 5
        },
        {
            "number": "7",
            "title": "7. Inspection of assets.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 6
        },
        {
            "number": "8",
            "title": "8. Information to be furnished by borrower.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 7
        },
        {
            "number": "9",
            "title": "9. Power to require repayment before due period.",
            "chapter": null,
            "content": "(i) if the borrower furnished any false or misleading information or suppressed any fact in obtaining the loan; or\n(ii) if the borrower fails to comply with the terms and condition under which the loan has been sanctioned; or\n(iii) if the Collector is satisfied that the borrower has applied any portion of the loan for purposes other than those for which it was granted; or\n(iv) if the borrower has wilfully or by negligence caused material deterioration to the assets acquired with the loan; or\n(v) if the borrower obstructs any person from entering any place or premises or making an inspection; or\n(vi) if the borrower fails to furnish any information required by the sanctioning authority or the Collector; or\n(vii) if the Collector considers it essential to effect immediate recovery of the loan in order to protect the interest of the State Government.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 8
        },
        {
            "number": "10",
            "title": "10. Power to postpone realisation or to write off.",
            "chapter": null,
            "content": "(a) the State Government or such other authority as may be prescribed may postpone the realisation of any instalment of the loan with interest thereon; and\n(b) the State Government may write off any portion of the loan or of any interest thereon.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 9
        },
        {
            "number": "11",
            "title": "11. Power to make recovery or to take over assets.",
            "chapter": null,
            "content": "(a) recover as arrears of land revenue such loan, instalment interest or any cost incurred in recovering the loan with interest and also incidental expenses incurred in issuing the loan; and\n(b) take over, in whole in part, the assets acquired with the loan on such terms and conditions as may be determined by the State Government.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 10
        },
        {
            "number": "12",
            "title": "12. Delegation of powers.",
            "chapter": null,
            "content": "(i) the State Government may be order delegate all or any of its powers, duties and functions under this Act or the Rules made thereunder to any officer under its control; and\n(ii) The Relief and Rehabilitation Commissioner or the collector may, with the sanction of the State Government, delegate any of his powers, duties and functions under this Act, to any other officer under the control of the State Government.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 11
        },
        {
            "number": "13",
            "title": "13. Protection of action taken under the Act.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 12
        },
        {
            "number": "14",
            "title": "14. Remission of stamp duty and registration fee.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 13
        },
        {
            "number": "15",
            "title": "15. Retrospective application of the Act to prior loans.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 14
        },
        {
            "number": "16",
            "title": "16. General powers of superintendence, direction and control of the Relief and Rehabilitation Commissioner.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 15
        },
        {
            "number": "17",
            "title": "17. Bar of jurisdiction of Court.",
            "chapter": null,
            "content": "",
            "footnote": "",
            "is_definition": false,
            "sort_order": 16
        },
        {
            "number": "18",
            "title": "18. Power to make Rules.",
            "chapter": null,
            "content": "(a) the forms of application for loan, order of the sanctioning authority, the bond and any other instrument to be executed by the borrower and the notices and directions issued by the sanctioning authority and other authorities;\n(b) the terms and conditions of loans and fixation of instalments;\n(c) the fixation of the rate of interest and the manner of calculation thereof;\n(d) the extent, and manner of issue, of loans and the procedure for realisation;\n(e) the form and manner in which accounts and registers are to be maintained;\n(f) the manner and circumstances in which remission of principal or interest may be granted and suspension of realisation may be allowed;\n(g) the manner in which and the period within which an appeal under sub-section (2) of Section 9 may be preferred;\n(h) the manner and the machinery for investigation into applications for loans and into the proper utilisation of the loan money; and\n(i) all matters which are required by this Act, to be prescribed.",
            "footnote": "",
            "is_definition": false,
            "sort_order": 17
        }
    ],
    "metadata": {
        "Act ID": "bh185",
        "Act Number": "Bihar Act 25 of 1953",
        "Enactment Date": "",
        "Act Year": "1953",
        "Short Title": "The Bihar Displaced Persons (Rehabilitation Loans) Act, 1953",
        "Type": "STATE",
        "Location": "Bihar"
    },
    "updated_at": "2026-09-29 21:55:19"
}