(1) During such period as the State Government may by general or special order notify in the Official Gazette, it shall be competent for the Collector, on application being made to him in that behalf by a 5[Agriculture and Rural Development Bank], to recover all sums due to the 6[Agriculture and Rural Development Bank] (including the cost of such recovery).
1. Substituted for the words "Land Development Bank" vide H.P. Act No 16 of 1987, effective from 16th November, 1987.
2. Substituted for the words "Land Development Bank" vide H.P. Act No 16 of 1987, effective from 16th November, 1987.
3. Substituted for the word "mortgagor" vide H.P. Act No 16 of 1987, effective from 16th November, 1987.
4. Substituted for the words "Land Development Bank" vide H.P. Act No 16 of 1987, effective from 16th November, 1987.
5. Substituted for the words "Land Development Bank" vide H. P. Act No. 16 of 1987, effective from 16th November, 1987.
6. Substituted for the words "Land Development Bank" vide H.P. Act No. 16 of 1987, effective from 16th November, 1987.
THE HIMACHAL PRADESH CO-OPERATIVE AGRICULTURE AND RURAL 27 DEVELOPMENT BANKS ACT, 1979
(2) Any amount due to 1[Agriculture and Rural Development Bank] shall be recoverable by the Collector or any officer specially authorised by the Collector in this behalf, in all or any of the following modes, namely:-
(a) from the borrower-as if they were arrears of land revenue due by him;
(b) out of the land for the benefit of which the loan has been granted as if they were arrears of land revenue due in respect of that land;
(c) from a surety (if any) -as if they were arrears of land revenue due by him;
(d) out of the property comprised in the collateral security (if any) according to the procedure for the realisation of land revenue by the sale of immovable property other than the land on which the revenue is due.
CHAPTER-VIII MISCELLANEOUS