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Vindhya Province - Section

Section 45 in The Abolition of Jagirs and Land Reforms Rules, 1953 (Vindhya Pradesh)

45. Interest on mortgage money.

- The amount due under a possessory mortgage substituted into a simple mortgage under sub-clause (iii) of clause (g) of sub-section (1) of Section 6 shall carry simple interest at the rate of 3½% per annum from the date of resumption.