Bare ActsThe ODISHA AGRICULTURAL CREDIT OPERATIONS AND MISCELLANEOUS PROVISIONS (BANKS) ACT, 1975

Section 10

(1) An officer or" the State Government Rccovery of ducs of a notified by them

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

(1) An officer or" the State Government Rccovery of ducs of a notified by them .as the prescribed authority for the bankthrough of this section may, on the application of a a prescribed c9 and after such enquiry as he deems proper, make '' an order on any agriculturist or his heir or legal representative, directing the payment of any sum due to the bank on account of fmancial assistance availed of by the agriculturist, by the sale of any land or any interest therein upon which the payment of such money is charged or mortgaged: Provided that no order shall be made by the prescribed authority under this section unless the agriculturist -or the heir or legal representative of the agriculturist, as the case may be, has bee0 served with a .notice by the prescribed authority calling upon him to pay the amounts due. (2) Every order passed by the prescribed autho- rity under sub-section (I) shall be deemed to be a decree of a civil co1u.t and shall be executed in the same manner as a decree of such court. (3) Nothing in this section shall debar a bank from see& to enforce its rights in any other manner open to it under any other law for the time being in force.

Section 10 – The ODISHA AGRICULTURAL CREDIT OPERATIONS AND MISCELLANEOUS PROVISIONS (BANKS) ACT, 1975 | DailyLaw.ai