Amendment status not verified — confirm the current text below against the official source.
If the borrower fails without “reasonab ua, oily - (zi) if the Controlling Authority, after. inspection provided for in section. 8 or otherwise, is Satisfied that the money lent is ‘not being ap- plied to the purpose or purposes for which it was lent or that.any condition on. which it was granted is not being duly fulfilled, ae Controlling Authority may declare, not with standing anything ‘contained in the. er executed by the borrower, ‘that the Joan shi be immediately recoverable agains there? da te, 0 yera and ‘shall give . Ti ‘ notice of ‘such declaration to the borrowe | | notice . om : t the under section 9, the borrower may appeal Oe Govert declaration of the Controlling Authority to : os shall be ment, and the decision of the Government thereon | f BACKWARD CLASSES (GRA act XV] POE Laws) (GRANTS 449 ygs7 PP . and subject to the order made on appeal ynder sectioO coding section, the Controlling Authority nde! the ' setved on the borrower, a notice calling use he sums due within such time and to may “to pay | jm ch officer a8 MAY 5 . case of default in complying with such notice, 's pecified in the notice including costs, if any jhe sum the Government may be realized as arrears rred by The decision of. the Government as to whether conditions laid down 1n or under any of the provisions thes Act have been satisfied shall be final, and no suits 7 1] be brought in any civil court to set aside or modify sha de thereunder, nor shall the same be order ma é any tioned by any court of law in any proceedings whatsoever.