Meghalaya Credit Operation and Miscellaneous Provisions Act, 1976 (Act 10 of 1976)
Bare Act · 1976
- Act number
- 10 of 1976
- Enacted
- 17 June 1976
- Contents
- 25 sections
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Contents
- Section 1 – Short title, extent and commencement
- Section 2 – Definitions
- Section 3 – Removal of restrictions on alienation
- Section 4 – Charge on crops and other movable property created in favour of a bank
- Section 5 – Creation of charges on land in favour of a bank by declaration
- Section 6 – Priority of mortgages and charges (preview)
- Section 7 – Registration of charge and mortgage in favour of banks (preview)
- Section 8 – Noting of charge or mortgage created in favour of a bank in the Record of Rights (preview)
- Section 9 – Restrictions on creation tenancy by an agriculturist borrower (preview)
- Section 10 – Recovery of dues of a bank through a prescribed Authority (preview)
- Section 11 – Rights of a bank to acquire and dispose of immovable property (preview)
- Section 12 – Exemption to banks from restrictions on acquisition of land in excess of ceiling (preview)
- Section 13 – Bank eligible to become member of a Co-operative Society (preview)
- Section 14 – Power of Co-operative Societies to borrow from banks (preview)
- Section 15 – Inspection of books of a Co-operative Society by a Bank (preview)
- Section 16 – Disputes between a bank and a Co-operative Society (preview)
- Section 17 – Settlement of dispute (preview)
- Section 18 – Procedure for hearing of disputes (preview)
- Section 19 – Decision of Registrar or his nominee or Board of nominees (preview)
- Section 20 – Recovery of money awarded (preview)
- Section 21 – Power of a bank to proceed against defaulting members of a Co-operative Society (preview)
- Section 22 – Audit, inspection and inquiry reports of Societies to be available to banks (preview)
- Section 23 – Exemption from legislation relating to money lending and agriculturists’ debt relief (preview)
- Section 24 – Extension to other developmental purposes (preview)
- Section 25 – Power of State Government to make rules (preview)