Kerala State Co-operative Agricultural and Rural Development Bank Act, 1984
kerala · 1984
Chapter CHAPTER 1
Chapter CHAPTER II
- S. 3Issue of debentures by Board.
- S. 4Power to borrow money by issue of bonds or by way of loans.
- S. 5Appointment and powers and functions of Trustee.
- S. 6Guarantee by Government on principal of and interest on debentures, bonds and loans.
- S. 7Power of Board to make regulations for purposes of this Chapter.
Chapter CHAPTER III
- S. 8Powers of [Agricultural and Rural Development Banks] to advance loans.
- S. 9Security for loans.
- S. 10Charge on movable or immovable property of borrower for amounts borrowed.
- S. 11Applicant for loan from primary bank to furnish declaration.
- S. 12Priority of Gehan, mortgage and hypothecation.
- S. 13Transfer and vesting Gehan, mortgage and hypothecation with Agricultural Development Bank.
- S. 14Money borrowed for development of land.
- S. 15Loans to persons having restricted rights of transfer.
Chapter CHAPTER IV
Chapter CHAPTER V
- S. 19Power of sale of property charged without intervention of Court.
- S. 20Application for sale and manner of sale.
- S. 21Application to set aside sale on deposit and confirmation of sale in default or on dismissal of such application.
- S. 22Distribution of sale proceeds.
- S. 23Certificate to purchaser.
- S. 24Delivery of property to purchaser.
- S. 25Right of [Agricultural and Rural Development Bank] to purchase property at sale.
- S. 26Appointment of receiver and his powers.
- S. 27Title of purchaser not to be impeached on the ground of irregularity etc.
- S. 28Appointment of sale officer.
Chapter CHAPTER VI
- S. 29Power of Agricultural Development Bank in case security property is insufficient.
- S. 30Power of Board or Trustee to direct distraint and sale of produce and sale of mortgaged property etc.
- S. 31Bank's right to improvements effected after Gehan mortgage or hypothecation.
- S. 32Deduction from sale proceeds of agricultural produce in certain cases.
- S. 33Gehan or mortgage or hypothecation not to be questioned in insolvency proceedings.
- S. 34Right of Agricultural Development Bank to pay prior debts.
- S. 35Power to summon witnesses and requisition of documents.
- S. 36Registration of documents executed on behalf of the Agricultural Development Bank or primary Bank.
- S. 37Power of Primary Bank to receive money and grant valid discharges.
- S. 38Proof of documents or entries in documents.
- S. 39Chapter IV and V to apply loans advanced by primary Banks from funds not borrowed from Agricultural Development Bank.
- S. 40Service on notices under the Act.
- S. 41Sections 102, 103, and rules under section 104 of the Transfer of Property Act, 1882 to apply to notices under the Act.
- S. 42Officers of bank not bid at sales.
- S. 43Delegation of powers by Board.
- S. 44Starting of branch Banks.
- S. 45Power of Board to admit members.
- S. 46Primary agricultural credit Societies to be admitted as members of primary Banks in certain cases.
- S. 47Transfer of assets and liabilities of the Kerala Co-operative Central Mortgage Bank and primary land mortgage Banks.
- S. 48Power of Board to make regulations.
- S. 49Cognizance of offences.
- S. 50Power to make rules.
- S. 51Certain rights and liabilities of Cochin Co-operative Land Mortgage Bank to continue in that Bank.
- S. 52Repeal and Savings.