Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Entire Act]

State of Bihar - Section

Section 3 in The Bihar Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1977

3. Removal of restrictions on alienation.

- Notwithstanding anything contained in any law for the time being in force any custom or usage or tradition, it shall be lawful for an agriculturists whose rights of alienation of land or his interest therein, or to create a charge or mortgage on such land or of any interest therein are restricted, to alienate the land or his interest therein, or to create a charge or mortgage on such land or interest in favour of a bank for the purpose of obtaining financial assistance from that bank.