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[Cites 0, Cited by 0] [Section 132] [Entire Act]

State of Tripura - Subsection

Section 132(1) in The Tripura Co-operative Societies Act, 1974

(1)If any instalment payable under a mortgage executed in favour of a co-operative land development bank, or any part of such instalment, has remained unpaid for more than two months from the date on which it fell due, the committee of such bank, may, in addition to any other remedy available to the bank, apply to the Registrar or the Collector for the recovery of such instalments or part thereof by distraint and sale of the produce of the mortgaged land, including the standing crops thereon.