The Assam Agricultural Credit Operations and Miscellaneous Provisions (Banks) Act, 1977
### Regiitcre 1 No. A— 12

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# The Assam Gazette

 stfliefreq

## EXTRAORDINA RY

### PUBLISHED BY AU fHOB ITY

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wt 61, 2 <x, 1977, 12 T5H, 189>

**<• 61,** **Dtapav,** **Manday, 2nd May,** **1977, 12th Vaiaa kha,**

**1899 (3 E.)**

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#### GOVERNMENT OF ASSAM

**ORDERS BY THE GOVERNOR**

#### LEGISLATIVE DEPARTMENT

 NOTIFICATION

 The 2nd May 1977

**No.LJL.143/75/70.—The following Act of the Assam Legislative' Assembly**

which- received the assent of the President is hereby published for general

**iafoTmatioh.**


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ASSAM ACT VII OF 1977 . **C**

**(Received th e as sent of th e Pre side nt of Ind ia on 2nd May**

1977)

THE ASSAM AG RICU LT UR AL CR ED IT OPERATION S AND

MISCELLANEOUS PROVISIONS (BANKS)

ACT, 1977

**An**

**Act**

to make provisions to facilitate adequate flow of credit for agri­

cultural productio n and development through banks and other institu­
tional credit agencies and for matters connected therewith and,

**or,** incidental thereto.

**Be** it enacted in the Twenty-eighth year of the Republic of

India as follows:—

CH APTER I

Preliminary

**Short** 1. (1) This Act may be called the Assam Agricul­

**title, extent** tural Credit Operations and Miscellaneous Provi­
a« d **comme-**
**Bcemcnt.** sions (Banks) Act, 1977.

(2) It shall extend to the whole of the State

of Assam.

(3) It shall come into force from such date

as the State Government may, by notification in

the Official Gazette, appoint in this behalf and

different dates may be appointed for different

provisions of 'he Act and for different portions of

the State.

2. In this Act, unless the context otherwise

requires,.—

(a) “ Agriculture” and “ agricultural purpose” shall

include making land fit for cultivation, cu tivation
of land, improvement of land, land including deve­
lopment of sources of irrigation, raising and har­
vesting of crops, horticulture, forestry, planting and
farming and cattle breeding, anim al husbandly , dairy
farming, seed fa' rning, pisciculture, apicul­

ture, sericul'ure, pig, ery, poultry farming and such
o'he r activities as are generally carried


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on by agriculturists, dairy farmers, cattle breeders,
poultry farm ers and other categories of persons

engaged in similar activities including marketing of

agricultural products, their s otage and transport

and the acquisition of implem n s and machinery in
connection with any such activi y ;

(b) “Agriculturist” means a person who is enga­

ged in Agriculture ;

(c) “Agro-Industrie s Co rporation” mear.s a

company or oth er body corporate one of the principal
objectives of which is to undertake activities connec­
ted with or intended for the development of agricul­
ture and not less than fifty-one percent of the paid-up
share cap ital of which is held by the C en tra l Govern­
ment or by any State Goveinmen or pa rt y by the
Central Government and partly by one or more State
Governments ;

(d) “Bank” means—

(i) a banking company as defined in the Banking

Regulation Ac t, 1919:

(ii) the State Bank of In dia constituted under the

State Bank of Ind ia Act, 1955 ;

(iii) a subsidiary bank as defined in the State

Bank of India (Subsidiary Banks) Act, 1959 ;

(iv) a corresponding new bank constituted

under the Banking Companies (Acquisition and
Transfer of Undertakings) Act, 1970 ;

(v) a Regional Rural Bank established under the

Regional Ru ral Banks Act, 1976 ;

(vi) any banking institution no'ified by the

Central Government under Section 51 of the

Banking Regulation Act, 1949 ;

(vii) Agricultural Refinance and Development

Corporation constituted under the Agricultural
Refinance and Development Corporation

Act, 1963 ;

(viii) the Agro-Industries Corpo ration as de­

fined in sub-section (c);

(ix) the Agricultural Finance Corporation

Ltd., a company incorporated under the

Com panies Act, 1956 ; and


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(x) other financial institution! notified

by the State Government in the Official
Gazette as a bank for th e purpose of this
Act.

(e) "Co-operative Society” means **a** Co­

operative Society registered or deemed

to be registered under the Assam Co­
operative Societies Act, 1949 (Act I of

1950) the object of which ii to provide

financial assistance as defined in clause

(f) of this section to its members and in­

cludes a Co-operative La nd Mortgage/

Development Bank; and

(f) "financial assistance” for the purpose
of this Act means assistance granted by

way of loans, advance, guarantee or

otherwise for agricultural purposes.

CHAPTER II

Rights of Agriculturist! to alienate land /

interest in lan d in favour of Banks.

Remo val of 3. Notwithstanding anything contained in any
re itriclio ai

on alimi- law for the time being in force or any custom

ation. or tradition , it shall be lawful for an ag­

riculturist whose rights of alienation of land or

of any interest therein are restricted to alienate the
land or his interest therein, including by creation
of **a** charge or mortgage on such land or interest
in favour of a bank for the purpose of obtaining
financial assistance from th at bank subject to res­
trictions imposed on disposal of such land in

section 4.

State Gover- 4. Notwithstanding anything contained in any law

nm en t m*y fo r the time being in force, the State Government may,
tiorTreit agri-by notification in the Official Gazette veit any class or
eu ltnristj n ot classes of agriculturists not having rights of aliena-

h*vin j »li»n-tion in land or any interest therein, with rights of
able right! alienation including the right to create **a** charg« or
rights.[SUCh ] m o r t 8a gc ’ on s u c ^ land or interest in fav our of
bank for the purpose of obtaining financial assis­

tance fro m that bank subject to such restrictions
as may be specified in the notification.

Cha rge o»
crsp and 5. (1) It shall be lawful for an agriculturist to
ot he r m«v- create a charge on the movable property owned by
able pr o­ him or on the crops raised by him, standing or

pe rty in otherwise or other produce from lan d cultivated
fav our of a

by him, to the extent of his interest therein in

bank-

favour of a bank to secure financial assistance from


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the bank notwithstanding that he may not be owner
of the land on and from which the crop is raised.

(2) Notwithstanding anything to the contrary

in the Assam Co-operative Societies Act, 1949

(Act 1 of 1950) or any other law for the time

being in force, no charge in respect of financial
assistance extended by a Co-operative Society to

an agriculturist shall have priority over a charge
on the crops raised by him, standing or otherwise,
or any other movable property in respect of any
financial assistance given to him by a bank, prod ded
the financial assistance made by the bank is prior
in point of time to that of the financial assistance

extended by the Co operative Society ;

(3) A bank may distrain and sell through an

officer designated in this behalf by the State Govern­

ment the crop or other produce or other movable
property charged to that bank to the extent of the
agriculturist’s interest therein and appropriate the

proceeds of such sale towards all moneys due to

the bank from that agriculturist.

Cre atio n of 6. (1) Where an agriculturist create a charge on

faiut^in fav- ^a n < ^’ o r a n 7 o t her immovable pro perty which he

ou r of a ba nk [O w n s ] o r in which he has an interest in respect of

by de clara- any financial assistance given to him by a bank, he

#### * tio n. m a [y make a declaration on the lines of the form]

set out in the Schedule hereto or as near thereto
as circumstances* permit, declaring that he thereby
creates, in favour of the bank, charge on such land
or his interest therein, or other immovable pro perty
as the case may be, to secure the financial assis­
tance given to him by the bank ;

(2) A declaration made under sub-section (1)

may be varied from time to time by the agricul­
turis t with the consent of the bank in whose favour

the declaration has been made. Such variation

shall tak e effect from such date on which the

variation, if it has been an original declaration,
would have effect under section 9.

**CHAPTER III**

Charges and Mortgages in favour of banks

and their priorities.

Remo val of 7 - Notwithstanding anything to the contrary

disability in contained in the Assam Co-operative Societies Act,
cre ation of 1949 (Act 1 of 1950) or any other law for the time

charges an d being in force and notwithstanding that any land
mortgager. o r [ i]n t e r e s t [ therein stands already charged or mor­]
tgaged to a Co-operative Society it shall be lawful


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for an agriculturist to create a charge or mortgage x,

on such land or interest therein in favour of a bank
as security for any financial assistance given to the
agriculturists by the bank.

Aiiuxiiy ui <

8. (1) Notwithstanding anything to the contrary

**charge* and** **•**

**mortgages in** **ai** ny law for the time being in force,—

**favour of**
**Government**

(a) no charge or mortgage created on auy

**bank and a**
**Co-operative** land or interest therein, after the comm-
**Society.** encement of this Act, in favour of the

Government or a Co-operative Society,

shall have priority over a charge or

mortgage on such land or interest crea­
ted by an agriculturist in favour of a
bank as security for financial assistance
given to the agriculturist by the bank

after the commencement of this Act and
prior to the charge or m ortgage in favour
of the Government or the Co-operative
Society ; and

(b) any charge or mortgage created on any

land or interest therein in favour of a bank
in respect of financial assistance given to
an agriculturist by that bank shall have
priority over any oth er charge or mort­
gage that may have been created over **e>**
such land or interest in favour of any
person oth er than the Gov ernm ent, a

co-operative society or any other bank,

prior to the date on which the charge

or mortgage was created in favour of

the bank.

(2) Where different charges or mortgages

over the same land or interest there in have been

created by an agriculturist in favour of the Govern­
ment, a co-operative society or a bank or more

than one bank any such charge or mortgage created
as security for financial assistance given

by the Government, Co-operative S o c i e t y

or the bank or banks by way of term

laan for development purposes shall have

priority over other charges or mortgages or mort­

gage created in favour of the Governm ent, co-operative
society or any of the banks, provided prior notice
of any such financial assistance by way of term

loan for development purposes had been given to
such Government, co-operative society or bank and
such Goverment, co-operative society or bank has

concurred in such financial assistance, and where

more than one such charge or mortgage is as

security for financial assistance given by way of


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THE ASSAM GAZETTE, EXTRAO RD INAR Y, MAY 2, 1977 305

term loan, the charges or mortgages by way of

security for term loan for development purposes

will rank for priority in accordance with the date
of their creation.

**Exp lana tion :—For the purposes of this section,**

“term loan for development purpose” shall mean

financial assistance which would generally lead to
improvement on agriculture and or building up of
assets in agriculture but shall not include financial
assistance for meeting working cap ital expenses,

seasonal agricultural operation and marketing of

crops.

(3) Nothing in this sec .ion shall apply to

borrowings only from one or more co-operative

societies including land mortgage bank.

Re gistration 9. (1) Notwithstanding anything contained in the

          - f charg e India n Registration Act, 1908, a charge in respect o f

a« d mort- w [h ic h ] [a declaration has been made under sub-section ]

favo ur [1] of 0 ) section 6 or in respect of which a variation

Banks. has been made under sub-section (2) of that section

or a mortgage executed by an agriculturist in favour

of a b ank in respect of financial assistance given by
that bank, shall be deemed to have been duly regis­
tered in accordance with the provisions of that Act
with effect from the date of such charge, variation

           - mortgage as the case may be, provided that

the bank sends to the Sub-Registrar within the local
limits of whose jurisdic tion the whole or any pa rt
of the pro perty charged or mortgaged is situated
within the time stipulated by the State Government
for this purpose by registered post acknowledge­

ment due, a copy of the document creating such

charge, variation or mortgage duly certified to be
a true copy by an employee of the bank au tho­
rised to sign on its beh al f;

(2) The Sub-Registrar receiving the declaration

in respect of a charge or variation or a mortgage
referred to in sub-section (1) shall, as immediately
**as** practicable on receipt thereof, record, in a

register to be maintained in this behalf the fact

of the receipt of such declaration, variation or

mortgage for registration.

Notiaf of 10- Whenever a charge or a m ortgage on loan

charge or or interest thereia is created in favour of a bank

mo rtgage ^y an agriculturist the bank may give intimation

favour of™ a t o Sub-Deputy Collector or such oth er revenue

bank in the off ic ia l as may be designated in this behalf by

Rec ord of the State Government, of the particulars of the

Rights. charge or mortgage in its favour. The Sub-Deputy


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306 THE ASSAM GA ZETTE, EX TR AO RD INAR Y, MAY 2, 1977

Collector or the other revenue official shall make
a note of the particulars of charge or mortgage
in the Record of Rights relating to the land over
which the charge or mortgage is created.

Restrictio ns 11. (1) Notwithstanding anything contained in
on cre ation
of tenancy any law for the time being in force, an agricul­
by an agri • turist who has availed him self of financial assistance

culturist from a bank by creating a charge or mortgage
bo rrow er. on land or interest therein, shall not, so long as the

financial assistance continues to be outstanding, lease
or create tenancy rights on such land or interest

there in without prior permission in writing of the

bank if he has not already leased or created tenancy

rights thereon at the time of availing if the finan­

cial assistance from the bank.

(2) Any lease granted or tenancy rights

created in contravention of this section shall be

void.

CHAPTER IV

**A rrangem ent fo r R ecovery o f dues by B anks**

Remo val 12. Nothing in any law shall prevent in any manner

attach men t ba r to & bank from causing any land or any interest

and[C]s5e[en]bv ’herein charged or mortgaged to it by an agricul-

process o f ' turist to secure any financial assistance, to be

court. attached and sold through a civil court and app­

lying the proceeds of such sale towards all moneys
due to it from agriculturist including the costs

and expenses as may be awarded by the court;

provided that such attached land should be sold
only to the Government or any Agricultural Fa r­
ming Corporation or deserving landless cultivators
to be so classified by the local Revenue authori­

ties and such land in specified tribal blocks shall
be transferred only to persons eligible to acquire

or possess lan d under Chapter X of the Assam

Land and Revenue Regulation, 1886.

Recover of (1) An officer notified by the State

_dues oZa* G overnment_ as the prescribed authority for the

bank th ro ughpurp ose of this section may, on the application

a Prescribed of a bank make an order on any agriculturist of his
au thority . h e ir or legal representative directing the payment

of any sum due to the bank on account of finan­
cial assistance availed of by the agriculturist, by

the sale of any land or any intersest therein

upon which the payment of such money is charged
or mortgaged provided that no ord er shall be

made by the prescribed authority under this section
for the sale of any land or any interest therein

or any oth er immovable pro perty upon which the


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#### THE ASSAM GAZETTE, EXTRAORDINARY, MAY. 2, 1977 367

                            -

payment of money charged or mortgaged unless

the agriculturist or the heir or legal representative
or the agriculturist, as the case may be, has been
served with a notice by the prescribed authority

calling upon him to pay the money due;

(2) Every ord er passed by the prescribed

authority in term s of sub-section (1) shall be

deemed to be a decree of a civil court and shall

be executed in the same manner as a decree of

such court;

(3) Nothing in this section shall debar a bank

from seeking to enforce its rights in any other

manner open to it under any other law for the

time being in force.

Rig ht of a 14. (1) Notwithstanding anything contained in

bank to ac- any law for the time being in force, a bank shall
di*ire n t have power to itself acquire agricultura l land or

im moX ble interest therein or any oth er immovable property

Property. which has been charged or morgaatd to it by. an

agriculturist in respect of any financial assistance

availed of by him, provided the said land or

interest therein or any other immovable pro perty

has been sought to be sold by public auction and
no person has offered to purchase it for a price

which is sufficient to pay to the bank the money
due to it;

(2) A bank which acquires land or interest

therein or any other immovable property in exer­
cise of the power vested in it under sub-section (1)
shall dispose of it by sale in the manner provided
in section 12 within a period to be specified by
the State Government in this beh al f;

(3) If the bank has to lease out any land

acquired by it under sub-section (1), pending sale
thereof as indicated in sub-section (2), the period
of lease shall not exceed one year at a time an d
the lessee shall not acquire any interest in that property
notwithstanding any provisions to the contrary in
any other law for the time being in force ;

(4) A sale by a bank of land or interest there"

in in term s of this section shall be subject to

Section 4 and any provisions of any law in force
which may place restrictions on purchase of land

by non-agriculturists or ceiling for acquisition of

land or by a person not belonging to a particular
tribe or scheduled caste or fragmentation of land.


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308 TH E ASSAM GA ZETTE, EXTRAO RDINARY, MAY 2, 197 7

Exe mpt'on 15. Nothing in any law for the time being in

to banks fo r c e placing a ceiling or limit on the holding of

ct^ s^on sha’l apply to a bank acquiring land in term s

acquisition of section 14 and holding such land till such time
of la nd in the bank is in a position to sell the land in th e

excess of manner provided in section 14 or otherwise, at a
ceiling.
price which is adequate to cover its dues.

CHAPTER V

FINA NC ING OF CO -OPERA TIVE SOCIETIES

BY BANKS

ble'^o^be- Notwithstanding anything contained in the

come mem-Assam Co-operative Societies Act, 1949 (Act lo f’

be r of a Co-1950) or any law for the time being in force, it

operative shall be lawful for a bank to become a member

o c ie ty - o [f ] a [ Co-operative ] Society.

Power to Co- 17. Notwithstanding anything con tained in the

opeative Socie.Assam Co-operative Societies Act, 1949 (Act 1 of

ties to bo rrow jggQ ) j t s []f]a [u ] ^e lawful for any Co-operative

rom an s. §o c je ty t o b o r r o w from a bank.

Inspection of is , ( i) a Bank shall have the right to in-

o^iuuhreSoc' [s] P[e c t] the books of any co-operative society which

iety by aVank* bas either applied to the bank for financial assi­

stance or is indebted to the bank on account of

financial assistance granted earlier;

(2) The inspection may be carried out by

an Officer or any other member of the paid staff
of the bank with the previous sanction in writing

of the Registrar of Co-operative Societies;

(3) The officer or any other member of

the paid staff of the bank, undertaking such ins­
pection, shall, at all reasonable times, have access

to the books of accounts, documents, securities,

cash and oth er properties belonging to or in the

custody of the co-operative society inspected by

him, and shall also be supplied by such society

such info rmation, statements and returns as may

be required by him to assess the financial condi­
tion of the society and the safety of financial

assistance to be made to the society or already

made to it.

Disputes b et- 19. Q) Notwithstanding anything contained in

a Ce- [a n y o t h e r ! a w] ^o r t i m e being in force, any

operative So- dispu’e touching the constitution, management or

c [:]ety . the business of a co-operative society, between a

bank financing a co-operative society and the


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#### THE ASSAM GAZETTE, EXTRAORDINARY, MAY 2, 1977 309

cooperative society so financed, other than disputes
reg arding the disciplinary action taken by society

or its comm ittee against a paid employee of the

society, shall be referred by either of the parties to

the dispute to the Registrar of Co-operative Soci­
eties for decision;

(2) Where any question arises whether, for

purposes of the foregoing sub-section, a matter

referred to for decision is a dispute or no t, the

question shall be decided by the Registrar of

Co-operative Societies whose decision shall be final.

Settlement 20. (1) If the Registrar is satisfied that any

of disputes, matter referred to him or brought to his notice

is a dispute within the meaning of Section 19,

the Registrar shall decide the dispute hirr.self or

refer it for disposal to a nominee or a Board

of nominees appointed by him;

(2) Where any dispute is referred under the

foregoing sub-section for decision to the Regis­

tr ar’s nominee or Board of nominees, the Registrar

may. at any time, for reasons to be recorded in

writing, withdraw such dispute from his nominee

or Board of nominees and may decide the dispute
him self or refer it again for decision to any

other nominee or Board of nominees appo inted

by him;

#### (3) Notwithstanding anything contained in Sec­

tion 19, the Registrar may, if he thinks fit, suspend
proceedings in regard to any dispute if the ques­
tion at issue between a co-operative society and a

bank is one involving complicated question

of law and fact, until the question has

been tried by a regular suit institute d by one of

the parties to the dispute. If any' such suit is

not instituted within two months from the B egis-
trar’s order suspending proceedings, the Registrar

shall take action as is provided in sub-section (1).

Procedure 21. The Registrar or his nominee or Board

for hearing of nominees hearing a dispute under the last

of disputes. p r e c e d i n g Section shall hear the dispute in the

manner that may be prescribed by the Registrar

in this behalf.

Decision of 22. When the dispute is referred for decision,

Registrar or the Registrar or his nominee or the Board of

his nomin?e nominees may, after giving a reasonable opportu-
or Board of nity to the parties to the dispute to be heard

nominees. m a [j,]s a n [ award on the dispute, ] on the expenses

incurred by the parties to the dispute in connection
with the proceedings and fees, expenses payable to the


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-r

Registrar or his nominee or, as the case may

be, to the Board of nominees. Such an award

shall not be invalid merely on the gro und that

it was made after the expiry of the period fixed
for deciding the dispute by the Registrar and

shall subject to appeal or review or revision by

the State Government be binding on the parties

to the dispute.

Recovery o f 23. Every award given by the Registrar

mo ney aw ar­

ded. or the Registrar’s nominee or the Board of nomi­

nees under Section 22, shall, if not carried out,

on a certificate signed by the Registrar, be deemed
to be a decree of a civil court and shall be

executed in the same manner as **a** decree of such
court.

Powers o f a 24. (1) If a Co-operative Society is unable to

bank to pro- pay its debts to a bank from which it has

ceed against borrowed, by reason of its members defaulting

mem bers[8]o fa^ [n] payment of the money due by them, the bank

Go-operative may direct the comm ittee of such society to proceed

Society. against such members by taking action under the

Assam Co-operative Societies Act, 1949 (Act 1 of 1950)

(2) If the committ e of the Co-operative Society

fails to proceed against its defaulting members

within a period of nin ety days from the date of

receipt of such direction from the bank, the bank;
itself may proceed against such defaulting members
in which event, the provisions of the Assam Co­
operative Societies Act, 1949 (Act I of 1950), the
rules and the bye-laws made there under shall

apply as if all references to the society or its

comm ittee in the said provisions, rules and bye­
laws were references to the bank;

(3) Where a bank has obtained a decree or

award against a Co-operative Society indebted to it,
the bank may proceed to recover such money

firstly from the assets of the Co-operative Society
and secondly from the members of the Co-operative
Society to the extent of their debts due to the

society.

Au dit inspec- 25. The Registrar of Co-operative Societies,

tion and shall draw the attention of the bank financing a

"o r? of sod- Co-operative Society to the defects notified in every
etic s° to [5]°b e audit or inquiry or inspection of such society con-
av ailable to ducted as per provisions of the Co-operative Societies
bank. Act, and shall also supply a copy each of such

au dit, inquiry or inspection report if dem anded in
writing, by the bank.


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CHAPTER VI

M i sc ellan eon s

Exemption 26. Nothing in any law for the time being in

from leg- fo r c e dealing with money-lending or agriculturists’

tim^to m        - d ^ t relief shah apply to financial assistance availed

ney lending of by an agriculturist from a bank.
and agricu­
lturists debt
relief.

Mortgages 27. Notwithstanding anything contained in any

executed by ja w fo r the time being in force, mortgages execu-
Jo hn H bid u [t c c l a i ? t e r ] t h e commencement of this Act, by the

families. manager of a Joint Hindu family in favour of

a bank for securing financial assistance for

an agricultural purpose shall be binding on

every mem ber of such Joint Hindu family. Where
a mortgage executed in favour of a bank is called
in question on the ground that it was executed

by the manager of a Jo in t Hindu family for a

purpose not binding on the members (whether such
members have attain ed majority or not) thereof

the burden of proving the same shall lie on the
party alleging it.

Modified 28. Section 8 of the Hindu Minority and

application Guardianship. Act, 1956, shall apply to mortgages
°p ^ [c t i o n 8] in fav ur Of a bank subject to the modification
XXXII of t l i a t r e fe r e n ce to the court therein shall be cons-

1956. trued as reference to the Commissioner of Divi­

sion or his nominee and any appeal against the

order of the Commissioner of Division or his nom i­
nee shall lie to the State Government.

Power of 29. The Sta+e Government may make rules to

State Govern-pr o v ide for all matters for which provision is

make rules, necessary or expedient for the purpose of giving

effect to the provisions of this] Act and all such

rules shall be published in the Official Gazette.

Repeal an d 30.(1) The Assam Agricultural Credit Opera- Assam

Savings. tions and Miscellaneous Provisions (Banks) Ordi- Ordinance

nance, 1977 is hereby repealed. 1 of 1977.

(2) Notwithstanding such repeal, any order

passed, notification issued, anything done [!] or any

action taken under the Ordinance so repealed

shall be deemed to have been passed, issued, done
or taken, as the case may be, under the correspon­

ding provisions of this Act.


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312 TH E ASSAM GAZETTE, EXTRAO RD INAR Y, MAY 2, 197?

#### SCHEDULE

 Declaration under section 6 (1)

I .............................................................aged......................... .............. years

residing a t ...................................................being desirous of availing myself
of financial assistance from the............................... Bank make this declara­
tion as required by section 6(1) of the Assam Agricultura l Credit

Operations and Miscellaneous Provisions (Banks) Act, 1977 that T,

.....................- ................................ own/have interest as a tenant in the land
specified below, and I hereby create a charge on the said land/interest

in land in favour of the bank for securing the financial assistance

which the bank may make and for all future assistance if any, which
the bank may make to me together with interest and costs and expenses
thereon.

**schedule**

Name of Name of Name of District/ Patta No. Dag No. Boundaries

Village Mouza/Parganah Sub-Division

(1) (2) (3) **(4)** (5) (6)

Areas-Bigh as/ Assessment Approximate Encumbrances if Remark, if
Acres Rs. P. value any, Nature/amount any

(7) (8) (9) (10) (11) c.

No rth
East
South
West

In witness whereof, I, Sh ri........................................................................

hereunder set my hand this........................................ day of...........................
in the year one thousand nine hundred and..............................................

Signed and delivered bj» the above nam ed in the presence of :—

Witnesses .

1.

**2S’**

Signature of declarant

Attested by,
Forwarded with compliments to the Sub-Deputy Collector...............

....................................................................... with a request to include the

particulars of the charge/............................... created under the declaration
in the Record-of Right and to return to the Bank for its records.

Manager/A gent

.................................................... Bank

Place....................................................


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THE ASSAM GA ZE TTE, EXTRAORDINARY [7], MAY 2, 1977 313

Returned with compliments to the Manager/Agent.......,...................

               - ........................... ........... Bank. The charge created under the declaration

duly included in the Record of Rights on th e...................................................
day of .................................................... . .........

Sub-Deputy Collector.

Forwarded with compliments to ti e Sub-Registrar with a request

to record the particulars of the charge............................................................
created under the declaration in hisj office.

Manager/A gent,

.....................................................Bank

Place......... ..........................................

Returned with compliments to the Manager/Agent................................

. ......................................Bank. The charge created under the declaration

is duly recorded.

Sub-Registrars

N.B.—The irrelevant wo ds/portions may be struck off and relevant entries may te

made where necessary.

u . TAFIBILDAR,

Secretary to the Govt of Atsam,

Legislative Departm ent.

GAUHATI —P ri nte d an d pu blish ed by th e Sup dt. i/c, Assam Govt. Printing

Press, (Ex-Gazettel No. 121—1,625+2,350—2-5-1977,


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