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The Rajasthan Agricultural Credit Operation (Removal of Difficulties) Act, 1974

राजस्थान कृषि ऋण परिचालन (कठिनाइयों का निवारण) अधिनियम, 1974

Rajasthan

An Act to make provisions to facilitate adequate flow of credit for agricultural production and development through banks and other institutional credit agencies and for matters connected therewith and/or incidental thereto.

Act number
22 of 1974
Department
Revenue Department
Enacted
21 Sep 1974

Source: IndiaCode Portal, Legislative Department, Ministry of Law and Justice, Government of India. Open on India Code Check against the official text before relying on it.

31 sections

  1. Section 1Short title and extent
  2. Section 2Definitions
  3. Section 3Removal of restrictions on alienation
  4. Section 4State Government may by notification, vest agriculturists not having alienable rights
  5. Section 5Charge on crop and other movable property in favour of a bank
  6. Section 6Creation of charge on land in favour of a bank by declaration
  7. Section 7Removal of disabilities in creation of charges and mortgages
  8. Section 8priority of charges and mortgages in favour of government, a bank and a Co-operative Society
  9. Section 9Registration of charge and mortgage in favour of banks
  10. Section 10Noting of charge or mortgage created in favour of a bank in the Record of Rights
  11. Section 11Restriction on creation of tenancy by an agriculturist borrower
  12. Section 12Removal of bar to attachment and sale by process of court
  13. Section 13Recovery of dues of a bank through a prescribed authority
  14. Section 14Right of bank to acquire and dispose of immovable property
  15. Section 15Exemption to Banks from restriction on acquisition of land in exercise of ceiling
  16. Section 16........
  17. Section 17bank eligible to become member of a Co-operative Society
  18. Section 18Power of Co-operative Societies to borrow from banks
  19. Section 19Inspection of books of a Co-operative Society by a bank
  20. Section 20Disputes between a Bank and a Co-operative Society
  21. Section 21Settlement of disputes
  22. Section 22procedure for hearing of disputes
  23. Section 23Decision of Registrar or his nominee or Board of Nominees
  24. Section 24Recovery of money awarded
  25. Section 25Power of a Bank to proceed against defaulting members of a Cooperative Society
  26. Section 26Audit, inspection and enquiry reports of societies to be available to banks
  27. Section 27Exemption form legislation relating to money lending and agriculturists debt relief
  28. Section 28Mortgages excluded by managers of Joint Hindu families
  29. Section 29Modified application of section 8 of Act 32 of 1956
  30. Section 30power of State Government to make rules
  31. Section 31Repeal and Savings