Amendment status not verified — confirm the current text below against the official source.
require any person to whom any such debt is due to A G ~ IV receive payment of such debt or part thereof from of 1 ~ 3 7 . the bank '[at its registered office] within such period as [nay be specilicd in the notice. If any such person fails to rcccivc such notice or such payment, sucl~ debt or part thcreof, as the case 'may be, shall cease to carry interest frnni thc expiration of tltc period specified in the nolicc : Provided that whcrc tlterc is a dispute as regards the amount of any such debt, tl~c person to wlto~n such debt is due shall bc bound to receive payment of the .- - - - - - - - - -- - - - 1 This axpression w ~ \ \~~hstituted fol* the cxprcsion " mortgage bank" by section 4 of tllr r'lmil Nndu ('0-operative Land Mortgage Banks (Amendment) Act, 1969 (Tamil Nndu Act {4 of 1969). 1 This section waq inwrted by section 4 of the Tamil Nadu Co- operative Land Mortgage Banks (Amondment) Act, 1968 (Tamil Nadu Act 17 of 1'968). The words within square bracket9 were inscrtedby soction 2 of the Madras Co-oparativa Land Mortgage Banks (Amondment) ~ c t , 1935 (Madras Act XVIt or 1935). 1934: T.N. Act XI Co-operative Land 445 Development Banks 1 ,I amount offered by the '[primary land development ' i bank] towards the debt, but such receipt shall 'not ~rcjudice the right, if any, of such person, to recover the balance claimed by him. I Fewer to *! 29-A. (I) Subject to such restrictiqns, limita- s u m e n tions and conditions as may be prescribed, the Registrar witnesses and persons subordinate to the Registrar who are ;:tu,"tion authorized by him in this behalf by general or special documents. ortlcr in writing, and such other persons, being ofEcials engaged i n the relief of rural indebtedness or officers I of co-operative banks which are registered or deemed , Madras to he registered under the Madras Co-operative t;3'2F Of ~ o c i c t ies Act. 1932'. as the '(State) Government m;lY, by notification in the Fort St. George G~zette i I :tl~tt~orize in this behalf, shall have the same powers I Central ;is ;rrc vested in a Court under the Code of Civil Pro- f$: of ~ ~ t l t ~ r e ,