Amendment status not verified — confirm the current text below against the official source.
3d. a3. Confirmation of Sale. Distribution of sale proceeds Grant of sale cerlificate. Possession of property. Right of State Development Bank or District Development Bank to Purchase property at sate. Appointment and power of receiver. Title of purchaser not lo be impeachable. Appointment of Sale Officer. eeecrre: : - CHAPTER-VI-MISCELLAN {ISCELLANEOUS Powersof Site Developmen BaorDiatDsekpmenBanin aso insufficient . security or misutilisation of logn. Powers of State Development Bank and Trusee to Direct dissin and sale of produce, -: aiid-nale of property: °° Le Banks' right to improvements effected to tke securhy, Deduction from sale proceeds of agricutural produce in cortain cates. Security not {0 be quéstioned in Insolvency proceedings. - Restriction on power to encumber or transfer the property offered as s security. Power to susftinon -winiesses and requisition dociment. Registration of document by Sue Development Bank or: District Development Bank, "Power of Distriét Development Bank to receive-money-and grant-valid discharges. Proof of documents or entries in documents.’ - Application of Chapters IIT, IV and V to loans advanced by by District Development Banks from fund not borrowed from State Development Bank. Services of notices. - - Applications of provisions of transfer of Property Act, 1882 to notices. Officers of Banks snd sale officers not to Bid at sales. Officers, employees or persons tobe public's servant, and their indemnity for Acts done in Good faith: » Delegation of powers by the Sine Development Bank. Openiag of Branches. Special provisions for security furnished by Karta of a Hindu Undivided Famity. Section 8 of Act 32 of 1956.10 apply to District Desslopment Baiik subject to Certain modifications. Congnizance of offences. Power to make rutes. ; State Development Bank's power of supervision and of making regulations. Repeal and savings. * {ii} Teae sitar aie yo Wy Wooo, meamder weeartt aie atte uniter Perera te afer, 2998. [fae 5 sere, 2000 Tent Bt aA we ee: appa “meqee cata (sree) A feria 13 Jere, 2000 Fl warare yanferr = 7g.) gent aad fe ate mr fae fe sad ah te ates ep ay ee Tat ate SE et er A ae aT tall A aft aires fRemreTers sffrar Frurt % fog ond wart Fy aftr sem era Hse Pre-set a Seay ¢— a fig are, Pree 8 (2) ater er eR WT a ee £8888. am - (9) Foe fea sept ote ae Rh me aE HO TF ern COT then AOE AEA eS (m) “tt eat ee gy ew | (1) “Seen feere e" @ fan tease aed ahaa afer, tko (HIE te FL 1860) & ant etch a che ape ae foen ele gh a he fara War, - (a) “garden 8 atfida t tar was fad wre tu a4 STURT (1 see wr re Aes ar fren freer des cre cur feat arf; zc) “apie e" & afta uae Bf she mein frewa fe are, RREt (RRCE ar a. £4) sh arr ge eer al fe ote aa re Ca)“ sfingfa"” & afin sere 3 sfteigrt-at-aftige aay & Ferg Unt th 8 ae (8) Hon Fae sg (8) “pra Fe" 2 fila ae ft shes ee fre er ea sit defn 3 1g Pats, (3) “card & ofa & are oF fies =r, ; @. e MADHYA PRADESH ACT No. 20 oF 2000. THE MADHYA PRADESH SAHAKARI KRISHI AUR GRAMIN VIKAS BANK ADHINIY AM, 1999. [Received the assent of the President on the 5th July, 2000; assent first published in the "Madhya Pradesh Gazette (Extra-ordinary)" dated the [3th July, 2000.] . An Acttofacilitate amore efficient working of the Co-operative Agricaltureand Rural Development Cele ease, a them fa Play a greater devélopmental role both in "farming and non-farming sectors. ~ ‘Be il enacted by the ‘Madhya: Pradesh Legislature in 1 the Fiftieth Year of the, Republic of India aig” Follows: —""" "CHAPTER I—PRELIMINARY id This Act may be called the Madhya F Pradesh Sahakari Krishi Aur Gramin Vikas Bank Adhinivam. 1999. ; 12) extends tothe whole of the State of Madhya Pradesh, owe _43y It shall come into force on such date as the State Government may, by hotification; appoint.