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[Cites 0, Cited by 0] [Section 75] [Entire Act]

State of Haryana - Subsection

Section 75(2) in Haryana Co-operative Societies Act, 1984

(2)No such power shall be exercised unless and until, -
(a)the society has previously authorised the exercise of the power conferred by sub section (1), after hearing and deciding the objections, if any, of the mortgagor or any other person having any interest in the mortgaged property;
(b)notice in writing requiring payment of such mortgage money or part has been served upon -
(i)the mortgagor or each of the mortgagors;
(ii)any person who has any interest in or charge upon the property mortgaged or the right to redeem the same;
(iii)any surety for the payment of the mortgage debt or any part thereof; and
(iv)any creditor of the mortgagor who has in a suit for the administration of his estate obtained a decree for sale of the mortgaged property;
(c)default has been made in payment of such mortgaged money or part for thirty days after such service; and
(d)the Registrar, in case where the amount claimed by the society is disputed, has certified that the amount claimed or lesser amount is due from the mortgagor.