Bare ActsThe Maharashtra Co-operative Societies Act 1960

Section 131

Recovery of loans by Development Banks

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

Recovery of loans by Development Banks.— All loans granted by the Agriculture and Rural Development Banks, all interests (if any) chargeable thereon, and costs (if any), incurred in making the same, shall when they become due, be recoverable by the Agriculture and Rural Development Bank concerned.

Section 131 – The Maharashtra Co-operative Societies Act 1960 | DailyLaw.ai