Section 11
Determination of debts.
The Murshidabad Estate Administration Act, 1933
About this Act
An Act to provide for the appointment of a Manager on behalf of the Secretary of State of the properties of the Nawab Bahadur or Murshidabad and define the powers and duties of the Manager.
The Manager shall in the prescribed manner determine the amount of the principal of all debts and liabilities not barred under section 10 justly due to the several creditors of the Nawab Bahadur and to persons holding mortgages, charges or liens on the property of the Nawab Bahadur, and shall determine in like manner the interest, if any, due at the date of such determination in respect of such debts and liabilities and may reduce the rates of interest charged as appears to him just and proper.