The Agriculturists' Loans Act, 1884
The Agriculturists' Loans Act, 1884 is a law in India that provides for the regulation of loans made to agriculturists
The Agriculturists' Loans Act1884AgricultureLoansRegulationRecoveryArbitration
Summary
The Agriculturists' Loans Act, 1884 is a law in India that provides for the regulation of loans made to agriculturists. The Act applies to any loan granted to an agriculturist by a lender, which includes any individual, firm, or institution. The Act specifies the procedures for the recovery of loans and the penalties for default. It also provides for the appointment of arbitrators to settle disputes arising from loans. The Act applies only to loans given for agricultural purposes and not for any other commercial purpose.