Bare ActsThe Travancore-Cochin Insolvency Act, 1956 (No.2 of 1956)

Section 76

Und1scharged insolvent obtatning credit

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Und1scharged insolvent obtatning credit. (1) An undts- ) 1 charged insolvent obtammg credit to the extent of fifty rupee~ or upwards from any person wtthout mformmg such person that he is an undischarged msolvent shall, on convictiOn by a Magistrate, be pumshable with impnsonment for a term which may extend to stx months, or wtth fine or With both. (2) Where the Court has reason to believe that an undis- charged insolvent has commttted the offence referred to in sub-sectwn ( 1), the Court, after makmg any preliminary mquiry that may be necessary, may send the case for trial to the nearest Magistrate of the First Class, and may send thf' accused in custody or take sufficient security for his appearancE' before such Magistrate; and may bind over any person to appear and gtve evidence on such tnal.

Section 76 – The Travancore-Cochin Insolvency Act, 1956 (No.2 of 1956) | DailyLaw.ai