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Home Bare Acts Phrase: loansLand Improvement Loans Act, 1883 Section 7
Title: Recovery of Loans
State: Central
Year: 1883
.....on, that interest. (2) When any sum due on account of any such loan, interest or costs is paid to the Collector by a surety or an owner of property comprised in any collateral security, or is recovered under sub-section (1) by the Collector from a surety or out of any such property, the Collector shall, on the application of the surety or the owner of that property (as the case may be), recover that sum on his behalf from the borrower, or out of the land for the benefit of which the loan has been granted, in manner provided by sub-section (1). (3) It shall be in the discretion of a Collector acting under this section to determine the order in which he will resort to the various modes of recovery permitted by it.
View Complete Act List Judgments citing this sectionAGRICULTURISTS' LOANS AND THE BOMBAY NON-AGRICULTURISTS' LOANS (AMENDMENT) ACT, 1949, (Maharashtra) Preamble
Title: THE AGRICULTURISTS' LOANS AND THE BOMBAY NON
State: Maharashtra
Year: 1949
THE AGRICULTURISTS' LOANS AND THE BOMBAY NON-AGRICULTURISTS' LOANS (AMENDMENT) ACT, 1949 [Act No. 6 of 1949]1 [11th April, 1949] PREAMBLE An Act to amend the Agriculturists' Loans Act, 1884, in its application to the Province of Bombay and the Bombay Non-Agriculturists' Loans Act, 1928. WHEREAS, it is expedient to amend the Agriculturists' Loans Act, 1884, in its application to the Province of Bombay and the Bombay Non-Agriculturists' Loans Act, 1928, for the purposes hereinafter appearing; It is hereby enacted as follows :-- _________________ 1. For Statement of Objects and Reasons, see Bombay Government Gazette, 1949, Part V, page 75.
View Complete Act List Judgments citing this sectionLand Improvement Loans Act, 1883 Complete Act
Title: Land Improvement Loans Act, 1883
State: Central
Year: 1883
Preamble1 - LAND IMPROVEMENT LOANS ACT, 1883 Section1 - Short title Section2 - Acts 26 of 1871 and 21 of 1876 repealed Section3 - Collector defined Section4 - Purposes for which loans may be granted under this Act Section5 - Mode of dealing with applications for loans Section6 - Period for repayment of loans Section7 - Recovery of loans Section8 - Order granting loan conclusive on certain points Section9 - Liability of joint borrowers as among themselves Section10 - Power to make rules Section11 - Exemption of improvements from assessment to land-revenue Section12 - Certain powers of State Government to be exercisable by Board of Revenue or Financial Commissioner
List Judgments citing this sectionLand Improvement Loans Act, 1883 Section 6
Title: Period for Repayment of Loans
State: Central
Year: 1883
(1) Every loan granted under this Act shall be made repayable by installments (in the form of an annuity or otherwise), within such period from the date of the actual advance of the loan, or when the loan is advanced in installments, [Substituted by Act 18 of 1899, section 2, for "from the date of the actual advance of the last instalment".] [from the date of the advance of the last installment actually paid] as may, from time to time, be fixed by the rules made under this Act. (2) The period fixed as aforesaid shall not ordinarily exceed thirty-five years. (3) The State Government [The words "and G.G.in C." repealed by Act 8 of 1906, section 3.] in making [The words "and sanctioning" repealed by section 3, ibid.] the rules fixing the period, shall, in considering whether the period should extent to thirty-five years, or whether it should extend beyond thirty-five years, have regard to the durability of the work for the purpose of which the loan is granted, and to the expediency of the cost of the work being paid by the generation of persons who will immediately benefit by the work.
View Complete Act List Judgments citing this sectionLocal Authorities Loans Act, 1914 Complete Act
Title: Local Authorities Loans Act, 1914
State: Central
Year: 1914
Preamble1 - LOCAL AUTHORITIES LOANS ACT, 1914 Section1 - Short title and extent Section2 - Definitions Section3 - Borrowing powers of local authorities Section4 - Power to Government to make rules Section5 - Remedy by attachment if loan not repaid Section6 - Issue of short term bills Section7 - Loans not to be effected except under this Act Section8 - Application of Act to loans existing previous to the fifth of September, 1871 Section9 - [Repeals.] ScheduleI - SCHEDULE I ScheduleII - SCHEDULE II
List Judgments citing this sectionLand Improvement Loans Act, 1883 Preamble 1
Title: Land Improvement Loans Act, 1883
State: Central
Year: 1883
THE LAND IMPROVEMENT LOANS ACT, 1883 [Act, No. 19 of 1883] [AS ON 1955] [12th October, 1883] PREAMBLE An Act to consolidate and amend the law relating to loans of money by the Government for agricultural improvements. WHEREAS it is expedient to consolidate and amend the law relating to loans of money by the Government for agricultural improvements; It is hereby enacted as follows:--
View Complete Act List Judgments citing this sectionAGRICULTURISTS' LOANS ACT, 1884 Section 5
Title: Recovery of loans
State: Central
Year: 1884
Every loan made in accordance with such rules, all interest (If any) chargeable thereon, and costs (if any) incurred in making or recovering the same, shall, when they become due, be recoverable from the person to whom the loan and made, or from any person who has become surety for the repayment thereof, as if they were arrears of land-revenue or costs incurred in recovering the same due by the person to whom the loan was made or by his surety.
View Complete Act List Judgments citing this sectionLocal Authorities Loans Act, 1914 Preamble 1
Title: Local Authorities Loans Act, 1914
State: Central
Year: 1914
THE LOCAL AUTHORITIES LOANS ACT, 1914 [Act, No. 9 of 1914] [AS ON 1957] {The Act has been amended in its application to the C.P.by the Local Authorities Loan (C.P.Amendment) Act,1922 (C.P.1 of 1922). It has been partially extended to Berar by the Berar Laws Act, 1941 (4 of 1941).} [28th February, 1914.] PREAMBLE An Act to consolidate and amend the law relating to the grant of loans to Local Authorities. WHEREAS it is expedient to consolidate and amend the law relating to the borrowing powers of local authorities; It is hereby enacted as follows:--
View Complete Act List Judgments citing this sectionLocal Authorities Loans Act, 1914 Section 5
Title: Remedy by Attachment if Loan Not Repaid
State: Central
Year: 1914
.....the security of which the loan was made.After such attachment, no person, except an officer appointed in this behalf by the {Subs.by the A.O.1937, for "L.G."} [appropriate Government], shall in any way deal with the attached funds; lout such officer may do all acts in respect thereof which the borrowers might have done if such attachment had no taken place, and may apply the proceeds in satisfaction of the loan and of all interests and costs due in respect thereof and of all expenses caused by the attachment and subsequent proceedings: Attachment not to defeat prior charges legally made.- Provided that no such attachment shall defeat or prejudice any debt for which the funds attached were previously pledged in accordance with law; but all such prior charges shall be paid out of the proceeds of the funds before any part of the proceeds is applied to the satisfaction of the liability in respect of which such attachment is made.
View Complete Act List Judgments citing this sectionAGRICULTURISTS' LOANS (MAHARASHTRA AMENDMENT) ACT, 1965, (Maharashtra) Preamble
Title: THE AGRICULTURISTS' LOANS (MAHARASHTRA AMENDMENT) ACT, 1965
State: Maharashtra
Year: 1965
THE AGRICULTURISTS' LOANS (MAHARASHTRA AMENDMENT) ACT, 1965 [Act No. 38 of 1965]1 [4th September, 1965] PREAMBLE An Act further to amend the Agriculturists' Loans Act, 1884, in its application to the State of Maharashtra WHEREAS, it is expedient to amend the Agriculturists' Loans Act, 1884, in its application to the State of Maharashtra, for the purpose hereinafter appearing; It is hereby enacted in the Sixteenth Year of the Republic of India as follows :-- _________________ 1. For Statement of Objects and Reasons, see Maharashtra Government Gazette, 1965. Part V. Extra, page 394.
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