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Rule of Damdupat

Except in the case of a loan advanced by a registered Bank or by a company the rule of Damdupat has now been made applicable to the Punjab by section 30 of the Punjab Relief of Indebtedness Act, 1934, in suits brought against a "debtor" as defined in section 7 of the Act. (a) If the loan was borrowed after the commencement of this Act, the C...


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