Amendment status not verified — confirm the current text below against the official source.
Recovery ofArrears of Loan as Public Demand : Any amount due to a bank or a fmancial institution any person respect of any amount advanced or granted under any scheme shall, apart kom any other mode of recovery be recoverable as an arrear of land revenue under the Bengal Public Demand Recovely Act, 1913 (BengalAct,3 of 1913). Explanation:- The Provision ofthis section shall also apply to any amount advanced or granted by way of such loan before the date on which this Act comes into force and remaining unpaid on such day.