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[Cites 0, Cited by 0] [Section 14] [Entire Act]

State of Uttar Pradesh - Subsection

Section 14(1) in The U.P. Avas Evam Vikas Parishad (Raising of Loans) Rules 1972

(1)When a debenture issued under the Act is lost, stolen or destroyed either wholly or in part or has been defaced or mutilated and a person claims to be the person to whom but for the loss, theft, destruction, defacement or mutilation it would be payable, he may, on application to the Housing Commissioner and on producing proof of his satisfaction of the loss, theft, destruction, defacement or mutilation and of the justice of the claim, obtain from him order -
(a)if the debenture alleged to have been lost, stolen, destroyed, defaced or mutilated is payable more than six years after the date of publication of the notification referred to in sub-rule (2) -
(i)for the payment of interest in respect of the debenture pending the issue of a duplicate debenture; and
(ii)for the issue of a duplicate debenture payable to the applicant; or
(b)if the debenture alleged to have been lost, stolen, destroyed, defaced or mutilated is payable not more than six years after the date of publication of the notification referred to in sub-rule (2);
(i)for the payment of interest in respect of the debenture, without the issue of a duplicate debentures, and
(ii)for the payment to the applicant of the principal sum due in respect of the debenture on or after date on which the payment becomes due.