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[Cites 0, Cited by 0] [Section 12] [Entire Act]

State of Punjab - Subsection

Section 12(3) in The Punjab Co-operative Land Mortgage Banks Act, 1957

(3)The distress shall not be excessive; the value of the property distrained shall be, as nearly as possible, equal to the amount due and the expenses of the distraint and the cost of the sale.Any mistake, defect or irregularity in this respect shall not invalidate a distraint or sale made under this Act.