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SIKKIM RURAL INDEBTEDNESS ACT, 1966

SIKKIM

Darbar Gazettee

PUBLISHED BY AUTHORITY

(EXTRAORDINARY)

Ex.Gaz. Gangtok , September, 23, 1966 No. 6

SIKKIM RURAL INDEBTEDNESS ACT, 1966

An Act to consolidate the laws relating to the Dadani, Mashikata and Biyaz
in Sikkim.

It is hereby enacted as follows:

I. Short Title, Extent and Commencement.

(i) This Act may be called the Sikkim Rural Indebtedness Act, 1966.

(ii) It extends to the whole of Sikkim.
(iii) It shall come into force at once.

2. Definitions.
(i) Dadani.
"Dadani" means pledging to a creditor by a cultivator or land-owners of the

produce of any land, in consideration of cash or kind, with the price or quantity of
such produce prefixed.

(ii) Mashikata.
"Mashikata" means : -
(a) mortgaging of land to a creditor as security for repayment of any

advance, or interest thereon, together with transfer of right to the
creditor to enjoy the produce of that land, until repayment
or

(b) transfer of land for a specified period to a creditor, together with right
to enjoy the produce of that land for that period, in consideration of the
principal and interest of any advance obtained.

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