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Changes made by Punjab Relief of Indebtedness Ordinance

The Court can grant relief in any suit to which the Punjab Usurious Loans Ordinance, 1959, applies where the interest is excessive or the transaction, as between the parties, was substantially unfair. The Court, according to the wording of section 4 of the Punjab Usurious Loans Ordinance, 1959 shall exercise all or any of the powers specified the...


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