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Section 18: Noting of charge or mortgage under Section 8 of the Act

The Meghalaya Credit Operation and Miscellaneous Provisions Rules, 1979.State Rules of Meghalaya · 1976

On receipt of intimation under Section 8 of the Act, the District Council or such other Revenue Official as may be designated by the State Government, shall acknowledge the same within fifteen days from the date of receipt of such intimation. He shall make a note of the particulars of charge or mortgage in the record-of rights as may be available relating to the land within one month from the date of receipt of such intimation.

The bank in whose favour such a charge is created or mortgage is given, may at any time through any of its employees duly authorised in that behalf, inspect the relevant records of the revenue officer concerned to ensure whether the said charge or mortgage has been duly recorded in the concerned Register.

5 | T H E M E G H A L A Y A C R E D I T O P E R A T I O N A N D M I S C E L L A N E O U S P R O V I S I O N S R U L E S , 1 9 7 9 .

CHAPTER IV SALE OF LAND OR ANY INTEREST THEREIN

Where this provision sits

ActThe Meghalaya Credit Operation and Miscellaneous Provisions Rules, 1979.
Section18
Marginal noteNoting of charge or mortgage under Section 8 of the Act
JurisdictionState of Meghalaya
StatusIn force as published by the source

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