Bare ActsThe PUDUCHERRY CO-OPERATIVE SOCIETIES ACT, 1972

Section 115

Power of Trustee to direct distraint and sale of produce and the sale of mortgaged property

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

Power of Trustee to direct distraint and sale of produce and the sale of mortgaged property.- (1) The Trustee may direct the committee of Land Development Bank to take action against a defaulter under section 100 or section 101 or section 104 and if the committee neglects or fails to do so, the Trustee may take such action. (2) Where such action is taken by the Trustee, the provisions of this Chapter and any rules or regulations made thereunder shall apply in respect thereto as if all references to the Land Development Bank or to its committee in the said provisions are reference to the Trustee. 104

Section 115 – The PUDUCHERRY CO-OPERATIVE SOCIETIES ACT, 1972 | DailyLaw.ai