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[Cites 0, Cited by 0] [Section 99] [Entire Act]

State of Jammu-Kashmir - Subsection

Section 99(1) in Jammu and Kashmir Co-Operative Societies Act, 1989

(1)If any instalment payable under a mortgage executed in favour of an Agriculture and Rural Development Bank or any part of such instalment has remained unpaid for more than one month from the date on which it fell due, the committee may in addition to any other remedy available to the Bank, apply to the Registrar for recovery of such instalment or part thereof by distraint and sale of the produce of the mortgaged land including the standing crops thereon.