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[Cites 0, Cited by 0] [Section 4] [Entire Act]

State of Rajasthan - Subsection

Section 4(3) in Rajasthan Agricultural Credit Operations (Removal of Difficulties) Rules, 1976

(3)On receipt of the application, along with the necessary documents and information, if the Collector/additional Collector/ Sub-Divisional Officer/Assistant Collector concerned is satisfied that—
(a)the cultivator has taken a loan from the bank against a charge on the property sought to be distrained;
(b)the Charge has been proper ly affected;
(c)the loan or an instalment of it is over due;
(d)the Bank has issued a demand notice by registered post with acknowledgement due asking the cultivator to pay the overdue amount and a period of one month has elapsed without payment being made; he shall make an order for distraint of the said property.