K. HUTCHI GOWDER vs RICHOBDAS FATHAIMULL AND COMPANY

The Supreme Court held that under the Madras Agriculturists Relief Act, 1938, specifically Sections 13 and 19, a debt incurred after the commencement of the Act cannot be scaled down. The Court clarified that the provisions for scaling down debts apply only to those incurred before the Act came into force, and decrees related to post-Act debts cannot be reopened. Consequently, the High Court's decision to deny the scaling down of the decree was upheld, affirming that relief is limited to interest concessions for such debts.