Bare ActsThe Madhya Pradesh Co-operative Agriculture and Rural Development Bank Act 1999

Section 15

€F) Now ithstanding anything contained in the Madhya Pradesh Co-operative Societies Act, 1960-(Ne

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

€F) Now ithstanding anything contained in the Madhya Pradesh Co-operative Societies Act, 1960-(Ne. 17 of 1961} the State Development-Bank or District Development ‘Banks may accept any _ of the following securities (or grant of Joans on the basis of principles of valuation approved by the Registrar — (i) ii (ii) tiv) {v)} ivt) _(xti} titi) (ix? Mortgage: Pledge, Hypothecation: . — Lien, Government ‘Guarantee; Surety Bond: Guarantee: and. Promissory Note. karan ‘Adkiniyam, . Who can he Granted loansand advances. i . Firm, a 5 Company or any ather body corporate established or constituted as the Regulation‘ of - certain categories ~ of membership. Security for loans. tum & faq aaey maT Se a ET ary. wfrae Tet H wets A “Pryereay ¥n. (2) 74 fara Se a fen feng Se gro fey 1 wT SU ae TS HRA TAS BMI AH ara wae wd, das A safes feo a at om a ae tel at soerey ay soaRy & afatte, yt Bt eer F aR we Aye ary ehh. (3) sare 8A are 8 ser ah saw eet age 7 EF at cen A oe yy or Wey 2B, tat aff 8 Set fe fags at ary saet ara eT.

Section 15 – The Madhya Pradesh Co-operative Agriculture and Rural Development Bank Act 1999 | DailyLaw.ai