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Section 102: Power of Board or of Trustee to distrain and sell property etc.

The Jammu and Kashmir Co-Operative Societies Act, 1989Union territory Act of Jammu and Kashmir · Act 10 of 1989

(1) The Board or the Trustee may direct the committee of an Agriculture and Rural Development Bank to take action against a defaulter under section 99, section 100 or section 101 and if the committee neglects or fails to do so or if there be no such committee the Board or the Trustee may take such action.

(2) Where such action is taken—

(a) by the Board, the provisions of this Chapter and any rules made in this behalf shall apply in respect thereto as if all references to the Agriculture and Rural Development Bank and to its committee in the said provisions were references to the State Agriculture and Rural Development Bank and the Board, respectively ;

(b) by the Trustee the provisions of this Act and of any rules made thereunder shall apply in respect thereto as if all references to the Bank or to its committee in the said provisions were references to the Trustee.

Where this provision sits

ActThe Jammu and Kashmir Co-Operative Societies Act, 1989
Section102
Marginal notePower of Board or of Trustee to distrain and sell property etc.
JurisdictionUnion territory of Jammu and Kashmir
StatusIn force as published by the source

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