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    <title>2001 (10) TMI 1199 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=301901</link>
    <description>The Tamil Nadu Debt Relief Act, 1980 confers protective relief on indebted persons by requiring the statutory authority to determine eligibility, with qualifying debts discharged and covered suits or proceedings abated. A creditor&#039;s prior or pending civil suit does not divest that authority of jurisdiction to decide the debtor&#039;s application, because such an interpretation would defeat the Act&#039;s remedial purpose and weaken the abatement scheme. Where a civil recovery suit is already pending, the proper course is to stay the suit until the statutory proceeding is concluded; if relief is granted, the suit fails under the Act, and if relief is denied, the suit may proceed.</description>
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    <pubDate>Wed, 31 Oct 2001 00:00:00 +0530</pubDate>
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      <title>2001 (10) TMI 1199 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=301901</link>
      <description>The Tamil Nadu Debt Relief Act, 1980 confers protective relief on indebted persons by requiring the statutory authority to determine eligibility, with qualifying debts discharged and covered suits or proceedings abated. A creditor&#039;s prior or pending civil suit does not divest that authority of jurisdiction to decide the debtor&#039;s application, because such an interpretation would defeat the Act&#039;s remedial purpose and weaken the abatement scheme. Where a civil recovery suit is already pending, the proper course is to stay the suit until the statutory proceeding is concluded; if relief is granted, the suit fails under the Act, and if relief is denied, the suit may proceed.</description>
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      <pubDate>Wed, 31 Oct 2001 00:00:00 +0530</pubDate>
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