Amendment status not verified — confirm the current text below against the official source.
(1) The State Government may. make rules to carry oul all or any of the purposes of this Act. : (2 In particular and without prejudice to the generality of the foregoing power, such rules may provide ler all or any of the following matters. namely:— tn” the terms’ and conditions for constitution “and F Section 9 (1): mFS (b) “the rale’ai which ihe contribution shall’ be made ‘under Section 912); - dep ve lie manner in which. the fund shalt be maintained arid- atilised under Section 9 (3); dd er mit in which covey sal be ininde un seca FR, Fre fe} the manner in which, the authority by which arid the time within which the application , stall b be disposed of under s section 16: . - : Bu me Ey . LO Ge Seat me : (al, oof | it) | . the: form of declaration i in, which aflidavi shall-be ‘given under: Section i8 wo ‘ ‘es othe Vrms uplo. which, the loan shall be ssn. under Section: 18.(4% “ (iy the form of notice which shall be publi vundet Seclion. 19: (2), ti } the manneée in which ihe property s shail be sold under Section 27 ( I. im the form of certificate which shall be gamed under Section 0 { Us; ky the period within which the amount sh shall be aid under Section 39 Ok (hh the restrictions, limitations and conditions subject to which the Registrar shafl have powers under Section 42 (I); im} the manner in which Ihe copies shall be certified under Section 42-(3); ES TE ‘ «be sei under Seton 4 aye a _ tn) the time within which and, the manner in which the copies of the. | ppramerh shall (0) the manner in which the copies shall be certified under Section 45: seine deat ge Feat ve dt Sy ot hoe ie lh pe ta ae (py the manner in which previous sanction ‘hail tq) any other matter which is required to be or may be prescribed or in respect of which rules may be made under this Act. . 19 ion of guarantee fund undet - Lip crore PR ao obtained under Section $2: Cognizance. af offences, Power to make rules, (3) Fa aferrag & ait are a aes Fee Terra F panier fre amet otk faearrean ye 1 ai, rarer act te ue. (2) 1 faare tar at fren fare Say an geiden ae st era aferal oF wet she Pefron wnt ae Tey ate & qd anphes & seas wd eu ee dey F fafa wa aden Wh re afehen & wea Pree Sot aad anes wae AU Prat & angen ey ath at mene aeart deed afefam, eego (IRIE wt vier, to ECE) A THR a aE me Feat ee a area eT aE (9) fees ae ed ff erve g fe Fe # fe fawal % faq aie eh ear, ce () (a) > (a) _&) (a) — (®B) (4) (3m) (a). Fe frre att er get oe rete te fazer Renee ar tek immer a Praca we Foe wee a Fe; fare fever Hest en a0 Para Hes ata Gent & frowenfiew ifr fire ott aes fore sh seat tee ct fit Fen Fee BRT aE aH ne a rT fe; we we fret ae & fre fer fer eh ah ater frm wren ate ba wet & fore shiny & ea A wenita st wy aiohrat yaa & fry, won at gd By amber 8 a iran er eh ae Fe, see wait @ ao ng wr Fara Fy UR 2&4, ai ri tz ct oh eth fe re Pere ef a sgaf flrg wh ak te Aes ze fe fe a 8 i ae wir & fera; atte ‘ AIT: es sf fe whet we we fe feet ate Ke. (1) mere Reet a Fre ati, LREE (HAN 2 FL UR) VaeETT Prefiza aaratera. fren arm t. a) RR Bn, ge a i ae a Te Py, fe 7 ate ott sfingermg ya afafrm & ais wre: Tay Ty a Ot wt TE wat aT, (3) areny ays five fate 3, or feret afer Y sinftte feel we & ed Ee, Ta afefan 5 ote BA afte 8 pene Ts Ue fh Pre de ath snaftes yf ara Sei at dgot safer ae afea, after, te, fer att arerad, wenftaft, a9 free da atk fren fama Sat ay state @ set atk a5 fafa et ands, she agett Tor firma dhe sie fare feeva da arat A fife sterat el Sat wart vate ao wast AP AEM TI aeaTt yfk Pena da ae se wefteR fh fers Set et auf wofrat we faava Sa sh Tee fixer feewra der ae} auf at ae a. 20 (3) All rules made under this Act shall be published in official Gazelle and laid on the table af the Legislaive Assembly. 37,01} The State Development Bank may have general powers of supervision over the District Development Banks and may subject to the prior approval of the State Government make regulations. in this behalf in conformity with this Act and Rules made thereunder and not inconsisient with the provisions of the Madhya Pradesh Co-operative Societies Act, 1960 (No. 17 of 1961} or the rules made thereunder. (2) In particular and without prejudice to the gener of the foregoing power, such egulations may: provide for the fotlowi#ig ‘matters, namely:—" (a) for inspection of the account books and proceedings of District Development Banks; {b) for’submission of returns and Feports ns by Dist Devs Baitks in p reépect of ibeir transactions: ‘(e) for periodic setflement of accéunts between District’ Devélopmemt Banks and the Stale Development Bank and for payment of the amounts recovered: by District Development Banks on securilies transferred or deemed to have been. transferred 10 the State Development Bank, td) Cor the form in which application to District Development Banks for loans should be made and for the valuation of the properties offered as security. for such loans; {ch for prescribing pracedure for application for grant of certified copies: (F) for investment of moneys realised from loanees; - igi for the programme and policy to be followed by District Development Banks for advancing loans, the duration of foans and the rates of interest to be charged thereon; ih for the types and extent of security to be obtained by the District Development Banks for advancing loans; and . vi) generally. for carrying out the purposes of this Act. 38 ¢1+ The Madhya Pradesh Sahakari Bhoomi Vikas Bank Adhiniyam, 1966 (No, 28 of 1966) gs fiers repeated. _ a2: Notwithstanding such repeal. all rules made, orders and notifications issued under the Act bereiy repealed shall be deemed to have heen respectively made. or issued under this Act. _ (3; Notwithstanding anything contained in any law for the time being in force, or in any costrach am and from the commencement of this Act, th entire assets and Habilittes, rights. title. imerest and obligations of the Madhya Pradesh State Co-operative Land Development Bank and Primary Lain] Development Banks shall stand transferred to and vested in the State Development Bank and District Development Banks, as the case may be, and thereupon the State Development Bank and Disirict Development Banks may enforce the mortgages vested in them as if the properties mortgaged lo the Maudhya Pradesh State Co-operative Land Development Bank and its Primary Land Development Banks were morigaged to the State Development Bank and its District Development Banks. 20 State Develop- ment Bank's Power of supervi- slon and af regulations. Repeal Savings. and (x) merge er aeent fe feparea aes afte mrefines yf fasorea ateeE a We eH, feat wee ait duet ya afubrm & ony at ode G, aenferta, 8a frre da sie fen fare Fe orn ure, feder une aon fadtenal oor amet sik a tea fare Sen sik gees faen fase ai en aes, fede oel ven eavaaistt & wee afer oth fewenfinant a soe ath, (4) faret st wer at aren dirend, dea, facts, aut sth ar fered, st Fe afePran & oH ?A arta wt faa a woenta F atk fae nee weg ceer-ufa faare ae a RE Mui YP faara Sa Ta TER 3, tet arta 3, wenfeeta, wo farere Sa a aeert fen feewre Se face W 3am va 7 Dia: ya atte wraeier tit athe om rere dae. wen fret farrel ar gra OR: an qurrant afa @ sata +) wn wert. (4) Wey Beant uit feraira aie, wrallfes Pee ats gra orera (2) To Free aera % ais are my fafa, wet ae 8 ge afer ate rae any eat oy fro oh serie Garena mal &, 5 G8 AFA ow fk ee ern Bars fe Ff we we Fee et “A © ay wee oe teh Pete en ee fag ah Ne afte fern at of were feline arterial, oat 3a anfiahram & arto oe wif &, tat atte & os fara fe a a se fag, So 21 ids The Share-holders, debenture holders and depositors of the Madhya Pradesh State Co- operative Land Development Bank and the Primary Land Development Barks shall be decmed to be Hie share-holdces. debenture holders and depositors respectively of the State Development Bank and District Development Banks. as the case may be, from the date of commencement of this Act and they shill enjoy ali the tights and privileges of the share-holders, debenture holders and depositors of thy Sie Development Banks and its District Development Banks. tS) All contracts. bonds, deeds agreements and other instruments of whatever nature subsisting wc havia effect an the date of commencement of this Act and to which the Madhya Pradesh Siate Coeopcraave Land Development Bank or any Primary Land Development Bank is a pany shall from such che be of full force and effect against or in favour of the State Development Bank or the srespanding District Development Bank. as the case may be, and may be enforced ag fully and eflevtually by the State Development Bank and the District Development dank. {61 Thy regulations made by ihe Board of Directors of the Madhya Pradesh State Co-operative Lant Development Bank Limited under the Act repealed by sub-section (1) shall in so far as they arc nal inconsistent with the provisions of this Act and the Rules made hereunder, continue in force until altgred or rescinded under this Act. (7) All notices issued and legal procedings instituted by or against the Madhya P Pradesh State Cooupenitive Land Development Bank Limited, pending on the commencement of this Act shall, from such late he deemed to have been issued or instituted by or against the State Development Bank. FRE — 1034— TTP Aa et — 4-8- 2000-— 1,000. al Cf ie