Section 3
: provided that if the creditor has
section 3 : provided that if the creditor has
after the time prescribed in that clause furnishsection 3 : provided that if the creditor ha
after the time prescribed in that clause furnish-ed the account and the plaintiff satisfies the after the time prescribed in that clause furnish-ed the account and the plaintiff satisfies the
court that he had sufficient cause for ot f";: ed the account and the plaintiff satisfies the
court that he had sufficient cause for ot f";:
hing it earlier, the court may, nothth§tanor court that he had sufficient cause for ot f";:
nishing it earlier, the court may, nothth§tanor
such omission, include any such pgflOdthe nishing it earlier, the court may,
ing such omission, include any such pgflOdthe
iods for the purpose of computing ing such omission, include any such
periods for the purpose of computing interest.
with the provi-ions of section 3
N
Ezplanation.—A person who hag kept his account
sent his six-monthly statements of accounts
Ezplanation.—A person who hag kept his account and sent his six-monthly statements of accounts in the form and manner prescribed in clauses (a) and (b) and sent his six-monthly statements of accounts in the form and manner prescribed in clauses (a) and (b) of sub-section (1) of section 3 shall be held to have comand manner prescribed in clauses (a) and (b) of sub-section (1) of section 3 shall be held to have com- plied with the provisions of these clauses, sub-section (1) of section 3 shall be held to have com- plied with the provisions of these clauses, in spite of errors and omissions, if the court finds that the errors provisions of these clauses, in spite of errors and omissions, if the court finds that the errors and omissions are accidental and not material and that rrors and omissions, if the court finds that the errors and omissions are accidental and not material and that accounts have been kept in good faith with the intennd omissions are accidental and not material and that accounts have been kept in good faith with the inten- tion of complying with the provisions of these claus been kept in good faith with the inten
tion of complying with the provisions of these clauses.
The provisions of this
Provided that if any fresh transaction
loan advanced relating Provided that if any fresh transaction relating to a loan advanced before the commencement of this Act is made after the commencement of this Act, a loan advanced before the commencement of this Act is made after the commencement of this Act, such transaction shall be subject to the provisions of this Act is made after the commencement of this Act, such transaction shall be subject to the provisions of this Act. Act.
(I) The '[Central
In particular, and without prejudice to the
(i) prescribing the forms and numerals to be used in the accounts required. by subsection (1) of section 3;
(ii) prescribing the manner in which the acco-
unts required
(1) of section by clause (b) of sub-section
shall be furnished by the unts required by cl
(1) of section 3 shall se (b) of sub
be furnished section
by the creditor to the debtor, the forms to be used, and the details to be incorporated therein and the scale of costs to be paid by such debtors as may demand that the account required by this clause should be furnished in one of the particular scripts mentioned in Explanation (i) of this clause :
1Subetituted for the words "State Government" by the Punjab Re-
nisation (Chandigarh) Adaptation of Laws on State and Con1Subetitu
organisation
current Subje d for the wor
(Chandigarh)
s) Order, 16 "State Gov
Adaptation
. rnment" by
of Laws on he Punjab Re-
State and Conorganisation (Chandigarh) A
current Subjects) Order, 1668.
‘
Sevings
Provided that before making any rules undey th
isions of this section, the '[Central Governmeme Provided that before making any rules undey th provisions of this section, the '[Central Governmeme shall, in addition to cbserving the procedyre laig provisions of this section, the '[Central Governmeme shall, in addition to cbserving the procedyre laig down in section 21 of the Punjab General Clauseg Act shall, in addition to cbserving the procedyre laig down in section 21 of the Punjab General Clauseg Act 1898, publish by notification a draft of the Proposed down in section 21 of the Punjab General Clauseg Act 1898, publish by notification a draft of the Proposed rules for the infor cation a draft of the Proposed rules for the information of persons likely to be affee. ed thereby, at least thirty days before a meeting ¢ the information of persons likely to be affee. ed thereby, at least thirty days before a meeting ¢ the Punjab Legislative *[Asse ereby,
the Punjab
Gov days befor
Legislative *[Assemblyl.
shall defer consideratio The
of [Centra]
ch Tuleg ab Legislative *[Assemblyl. The [Centra] Government] shall defer consideration of such Tuleg until after the meeting of the Puniab Legislat until after
*[Assembly] co
the meeting of
next following on of
the Puniab
the publica h Tuleg
Legislative
on of the until after the meeting of the Puniab Legislative *[Assembly] next following the publication of the draft, in order to give member of t following the publication of the draft, in order to give member of the *[Assembly] ap opportunity to introduce a motion for discussing the draft, in order to give member of the *[Assembly] ap opportunity to introduce a motion for discussing the draft. draft.
1Substituted for the words "State Government" by the Punjab
ganisation (Chandigarh) (Adaptation of Laws on State and 1Substituted for the words "State Government" by the Punjab Reorganisation (Chandigarh) (Adaptation of Laws on State and Con. current Subjects) Order, 1968. Reorganisation (Chandigarh)
current Subjects) Order, 1968. 2Substituted for
ent Subjects) Order, 1968. 2Substituted for the word "council" by the
ptation of Indien Laws) Order, 1937. Government of India 2Substituted for the word "council" b
(Adaptation of Indien Laws) Order, 1937.
‘
Roop's Law Assist