Amendment status not verified — confirm the current text below against the official source.
Appeal. Act not to debar recovery of dues by bank under any other law. Power of State Government to make rules. 11 (a) In every case of a pledge of goods, proceedings shall first be taken for sale of the goods pledged, and if the proceeds of such sale are less than the sum due, then proceedings shall be taken for recovery of the balance; (b) In every case of a mortgage, charge or other encumbrance on immovable property, such property or, as the case may be, the interest of the certificate debtor therein, shall first be sold in proceedings for recovery of the sum due from him as if it were an arrear of land revenue, and any other proceedings may be taken thereafter only if Certificate officer certifies that there is no prospect of realization of the entire sum due through the first mentioned process within a reasonable time. CHAPTER IV MISCELLAN EOUS