Amendment status not verified — confirm the current text below against the official source.
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(®) ae fe afin. art ar ae vite fares fete ean fem 7H €, wre 62 a alia . a8 atc an fer rt, “com ag Fis Fe aa Bi ante ad he wh, wate, tea ge ft at a Fee erat % fee Sra amet a a aT mT ah (@ we ore fe af afk (3) =m Fe pA te fee aig ye ob wi a, at Wim a, Hairy &. te (x) vet er mas, hen Pre aw & freee fg ander sr, Ter rar Se orn Fu Pies fafafte anfrand & ae ta wes 9, a fafa Gear ay woe-wa He tien SUT fe san. fee wing & ey Fa ng sine a ener wea faeciey Age & she ae fie ae see arefare wek Ft att ae fis ae fren fer das oe F del afi 22 at aftea &. (2) wear wemn fenett fates siafe fine ara & via gu wh, oat feet sia 4 eI wafs % Mae A ToT (0) & aia ag wage fen ar glee &, aei ara zo % sade ores TEA BY ae wt wees ary are aii cere aafira Fare ferns as ar we a a fee Tet as Seat ee a eta fer fe eee Ps se Fre aK Fe arr wa S ae viayfa 3 altate @. (3) ae st mais, st seen (2) & ae fron qoe-wy oor tom Pest ta wees SE te ae ee %, Tt fhe F, Be eae (2) & eg aw aE Be Teche eve Her, tke (Reko OF A wy) & ant ot erate ee. (%) Tare SH ae TH, St soe (2) H ats fea my Wawa H MT AL ST Tae, tat din & anaes eth ot faiea si aa, 8 i et el o ah = i ‘ i i } 4 (21 All uans advanced by and alt amounts payable 10 of recoverable by the State Developoment Rank or District Development Banks shall. in case of default of payment, b¢ recoverable as arrears af Land revenue in addition to other remedies available to them. (34 Tn case a loan and interest thereon is not recovered from the borruwer, it shall be recoverable fromthe surely or guarantor in such mannner as may be prescribed. fo. When an application for a loan is made for any of the purposes specified in section 12. +t shall be ispused af in such manner, by such authority and withia such time, as may be © prescribed "17. A written order bi the "bee Development Bank ar a Disirict Development Bank or r by the pertais ‘or Cominittces authorised linder’ its bye-laws to make loars for all be: any of the purposes specified in section 12, advancing cither. before or after the commencement. of this Act, a loan to or with the consent of a person wentioned therein, for the purpose of carrying gut the work specified - hein forthe development: of the land or for the ageieultural and rural. development -parposes. specified therein, shall fae Abe purposes. of this Act, be: contlusive of the following matlersi<— pot eed ~. that the work described or the purpose: for: which the-loan: is granted: js an. :. Agricultural and Rurat Development purpose withia the meaning of section 12;--. Le ee (hy that the p person had on the date of. the order a rig to 0 make such an improvement ~ or incur expenditure for Aerie and Rural Developmen purposes. as the case amity be; re) that the: improvement is one benefiting the land i ied; arid, (dis that the Agricultura and Rural Developmen purpose. concerns ¢ the land offered | in “security, or any part thereat as may he relevant. IR, ( 1) Every person who applies for a loan from a District Development Bank shall give declaration on an affidavit in such form as may bé prescribed before an officer specified by the State Development Baak in this behalf that the movable or immovable property’ fuimished as security for the loan is free from encumbrances and that he is in actual possession thereof. and. that he has the right {o Furnish such security in favour of the District Development Bank, . ne mM Notwithstanding anything contained in any law for the time being i in force, where an affidavit under sub-section (1) in respect, of any movable or immovable properly i is false. or ‘defective. the Disteict Development Bank shall, subject to the provisions of section 20, have a first’ charge on all other movable and immovable properties of the applicant, and all such properties shall be deemed to have een included in the security furnished by the applicant for the loan ‘granted to him by the District Developinent Bank. (3) Any person. who makes a false affidavit under sub-section 2 (1) or makes any statement which Disposal al application far foan. Order granting lean conchusire of Application for ‘join ‘feom a District Development Bank to he supported by affidavit, | js false in any such affidavit shall, in addition to action under sub-section @), be punishable also under , she Indian Penal Code, 1860 (45 of 1860) . (4) The amount of loan that may be sanctioned on the basis of an affidavit ‘made under sub- section (1) shall be subject to such fimit as may be prescribed. 8 ver ez _ atten a. (x) 1 free Sar a ise Fen Frm as 3 aH <h ag rele 3 aes oa fave ta ay, aff fara sur afutr, 663 (2603 TI A. 08) TH FAH BUR haa, Ree (1CC¥ HI A. g2) Ti wea wan feat ora fafa & ais feat Ba ger G, st aenfeafa, Tey free Fa at fa fara tar & ye F vials ea ora Horan ay fear 7a f, IP HA aa aH & frst vt wea R yfaeear ora eV. 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