Bare ActsThe Assam Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1977

Section 12

Amendment status not verified — confirm the current text below against the official source.

Nothing in any law shall prevent in any manner attach men t & bank from causing any land or any interest andCs5eenbv ’herein charged or mortgaged to it by an agricul- process o f ' turist to secure any financial assistance, to be court. attached and sold through a civil court and app­ lying the proceeds of such sale towards all moneys due to it from agriculturist including the costs and expenses as may be awarded by the court; provided that such attached land should be sold only to the Government or any Agricultural Fa r­ ming Corporation or deserving landless cultivators to be so classified by the local Revenue authori­ ties and such land in specified tribal blocks shall be transferred only to persons eligible to acquire or possess lan d under Chapter X of the Assam Land and Revenue Regulation, 1886. Recover of (1) An officer notified by the State dues oZa* G overnment as the prescribed authority for the bank th ro ughpurp ose of this section may, on the application a Prescribed of a bank make an order on any agriculturist of his au thority . h e ir or legal representative directing the payment of any sum due to the bank on account of finan­ cial assistance availed of by the agriculturist, by the sale of any land or any intersest therein upon which the payment of such money is charged or mortgaged provided that no ord er shall be made by the prescribed authority under this section for the sale of any land or any interest therein or any oth er immovable pro perty upon which the THE ASSAM GAZETTE, EXTRAORDINARY, MAY. 2, 1977 367 * payment of money charged or mortgaged unless the agriculturist or the heir or legal representative or the agriculturist, as the case may be, has been served with a notice by the prescribed authority calling upon him to pay the money due; (2) Every ord er passed by the prescribed authority in term s of sub-section (1) shall be deemed to be a decree of a civil court and shall be executed in the same manner as a decree of such court; (3) Nothing in this section shall debar a bank from seeking to enforce its rights in any other manner open to it under any other law for the time being in force. Rig ht of a

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