The Bihar Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1977
bihar · 1983
- S. 1Short title, extent and commencement
- S. 2Definition
- S. 3Removal of restrictions on alienation
- S. 4State Government may by notification vest agriculturists not having alienable rights with such rights
- S. 5Charge on crops and other movable property in favour of a bank
- S. 6Creation of charge on land in favour of a bank by declaration
- S. 7Removal of disability in creation of charges and mortgages
- S. 8Priority of charges and mortgages in favour of Government, a bank and a co-operative society
- S. 9Registration of charges and mortgage in favour of banks
- S. 10Noting of charge or mortgage created in favour of a Bank in the record of rights
- S. 11Restriction on creation of tenancy by an agriculturist borrower
- S. 12Removal of bar to attachment and sale by process of court
- S. 13Right of a bank to acquire and dispose of immovable property
- S. 14Exemption to banks from restriction on acquisition of land in excess of ceiling
- S. 15Bank eligible to become member of a co-operative society
- S. 16Power of co-operative societies to borrow from banks
- S. 17Inspection of books of co-operative society by a bank
- S. 18Disputes between a bank and co-operative society
- S. 19Settlement of dispute
- S. 20Procedure for hearing of dispute
- S. 21Decision of Registrar or any person exercising the powers of Registrar or arbitrator/arbitrators
- S. 22Recovery of money awarded
- S. 23Powers of a bank to proceed against defaulting members of a cooperative society
- S. 24Audit, inspection and inquiry reports of societies to be available to banks
- S. 25Exemption from legislation's relating to money-lending and agriculturists' debt relief
- S. 26Mortgages executed by Karta of Joint Hindu Families
- S. 27Section 27 provides for the recovery of agricultural loans under the Bihar Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1977.
- S. 28Power of State Government to make rules
- S. 29Repeal and Saving