The Kerala Co-operative Land Mortgage Banks Act, 1960 (President's Act No.1 of 1960)State Act of Kerala · Act 1 of 1960
The Government may make rules not inconsistent w1th the provisions of this Chapter,-
(i) for the manner of effecting distraint;
(ii) for the custody, preservatiOn and sale of the distrained property;
(iil) for the investigatiOn of clairr.s by persons other than the defaulter to any right or mterest m the d1s tramed property and for the postponement of the sale pending such investigation ;
(iv) for the immediate sale of perishable articles;
(v) for fixing the rates of deduction on account of the costs of sale ot distrained properties ; and (v1) generally for the purpose of carrying out the provi sions ,of thiS Chapter.
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