அதிகாரப்பூர்வ மொழிபெயர்ப்புDepartment of Government Printing-இலிருந்து, மாற்றமின்றி
(1)
On an application made in that behalf, a Magistrate's
Court having jurisdiction shall have the power to make an order-
(a)
requiring the secured party or the person receiving a notice under subsection (1) of section 27, to comply with the request made by such notice;
(b)
exempting the secured party either wholly or partly from complying with the notice given under subsection (1) of section 27;
(c)
extending the time granted for complying with the notice issued under paragraph (a)
of subsection (1) of section 27; or
(d)
as it considers just in the circumstances.
(2)
Any person who fails to comply with an order made by a Magistrate under subsection (1) commits an offence under this Act and shall on conviction be liable to a fine not exceeding rupees five hundred thousand or to imprisonment for a period not exceeding one year or to both such fine and imprisonment.