{ "id": 16104, "slug": "the-c-g-sahakari-krishi-aur-gramin-vikas-bank-rules-2008", "title": "The C.G. Sahakari Krishi Aur Gramin Vikas Bank Rules, 2008", "short_title": "The C.G. Sahakari Krishi Aur Gramin Vikas Bank Rules, 2008", "act_number": "Published vide Notification No. F-15-01/15-02/2009", "act_year": 2008, "act_type": "STATE", "location": "Chhattisgarh", "law_status": "unknown", "enactment_date": null, "description": "The C.G. Sahakari Krishi Aur Gramin Vikas Bank Rules, 2008", "preamble": "", "section_label": "Section", "sections": [ { "number": "1", "title": "1. Short title and commencement.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 0 }, { "number": "2", "title": "2. Definitions.", "chapter": null, "content": "(a) \"Adhiniyam\" means the Chhattisgarh Sahakari Krishi Aur Gramin Vikas Bank Adhiniyam, 1999 (No. 20 of 2000);\n(b) \"Applicant\" mams,-\n(i) In the case of an applicant under Chapter IV of the Adhiniyam the Board of \"State Development Bank or District Development Bank\" as the case may be;\n(ii) In the case of an applicant under Chapter V of the Adhiniyam the Board of a \"State Development Bank or District Development Bank\" or any person authorised by such Board;\n(c) \"Committee\" means Board of Directors of State Development Bank or District Development Bank or person/committee to whom its management is entrusted;\n(d) \"Distrainer\" means a person or persons who is/are empowered by Registrar, to distrain and sell the produce of the mortgaged land including the standing crops thereon and other movable property belonging to the defaulters and also the movable property of investment and its produce and the property offered as security by the guarantor and his other property;\n(e) \"Development Bank\" means the State Development Bank or District Development Bank as defined in the Adhiniyam as the case may be;\n(f) \"Fund\" means the guarantee fund constituted under Section 9 of the Adhiniyam;\n(g) \"Government Security\" means a security created and issued by the Central Government or State Government, for the purpose of raising a public loan and/having any of the forms specified in or prescribed under clause (2) of Section 2 of the Public Debt Act, 1944;\n(h) \"Section\" means the Section of the Adhiniyam;\nChapter 2\nFunds and Resources", "footnote": "", "is_definition": true, "sort_order": 1 }, { "number": "3", "title": "3. Raising of Funds.", "chapter": null, "content": "(a) Debentures,\n(b) Bonds,\n(c) Loans,\n(d) Deposits,\n(e) Donations, and\n(f) Grants.", "footnote": "", "is_definition": false, "sort_order": 2 }, { "number": "9", "title": "4. Circumstances under sub-section (1) of Section 9.", "chapter": null, "content": "(a) that the full recovery of loan is not possible on account of floods, famine, earthquake, fire, failure of crops or destruction of the property made through investment or any other natural calamities;\n(b) that the immovable property offered as security for loan has been acquired by the State Government in public interest or such immovable property has become unproductive due to construction of Public Dam, Tank etc., in consequence of submersion into water the borrower has become incapable to repay loan of State Development Bank or District Development Bank.", "footnote": "", "is_definition": false, "sort_order": 3 }, { "number": "5", "title": "5. Guarantee Fund.", "chapter": null, "content": "(a) All moneys received from the State Government by way of grants, loans, advances or otherwise,\n(b) All interests and profits arising from any investment of or from any transaction in connection with any money of the fund,\n(c) The amount of the contribution received from the State Development Bank or District Development Bank; and\n(d) Such other sums as may be received from any other source whatsoever for being credited to the fund shall be credited.", "footnote": "", "is_definition": false, "sort_order": 4 }, { "number": "6", "title": "6. Contribution to the Guarantee Fund.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 5 }, { "number": "7", "title": "7. Utilization and investment of the Guarantee Fund.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 6 }, { "number": "8", "title": "8. Accounts and Audit of Guarantee Fund.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 7 }, { "number": "9", "title": "9. Annual Report.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 8 }, { "number": "10", "title": "10. Authority competent to sanction the grant from the Fund.", "chapter": null, "content": "Authority\nAuthority\nAmount\nAmount\n1.\nThe Registrar\nUpto Rs. 50,000/-\n2.\nState Government\nExceeding Rs. 50,000/-", "footnote": "", "is_definition": false, "sort_order": 9 }, { "number": "11", "title": "11. Application for Meeting Losses from Guarantee Fund.", "chapter": null, "content": "Chapter 3\nLoans", "footnote": "", "is_definition": false, "sort_order": 10 }, { "number": "12", "title": "12. Loans to be advanced by the Development Bank.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 11 }, { "number": "13", "title": "13. Procedure for submission and consideration of application for loans from Development Hanks.", "chapter": null, "content": "Chapter 4\nDistraint and Sale of Produce", "footnote": "", "is_definition": false, "sort_order": 12 }, { "number": "14", "title": "14. Application for distraint and sale of produce.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 13 }, { "number": "15", "title": "15. Procedure for distraint and sale of properties.", "chapter": null, "content": "(b) On such representation, the officer-in-charge of the said police station shall send a Police Officer to the spot, in the presence of whom the distrainer may force open the outer door of any room within the home except the room of residence for women and enter forcibly.\n(c) The distrainer may also in the presence of the Police Officer, after due notice given for the removal of women from their residence and after furnishing means for their removal in a suitable manner enter the said room and may distrain the produce of the mortgaged land or products of the financed unit or other movable property if any, deposited therein but such produce if found shall be removed immediately from such rooms after which they shall be left free to the former occupants.\n(b) The sale shall take place after the expiration of a period of 15 days from the date of the service of the notice of demand/distraint referred to in sub-section (1) or Section 25 of the Adhiniyam :\nExplanation\n(b) Where the property to which the claim is applied has been advertised for sale the distrainer may postpone the sale pending the investigation of the claim.\nChapter 5\nProcedure for Sale of Pledged/mortgaged Property\n16.\n(a) If the amount becomes overdue the Development Bank shall give notice to all the persons specified in sub-section (3) of Section 26 of the Adhiniyam in such form as may be issued by Registrar stating to deposit the amount within 2 months.\n(b) Or receipt of the application from District Development Bank, the State Development Bank after enquiry if any objection received shall give permission to exercise the powers under Section 26 of the Adhiniyam in such form as may be issued by the Registrar.\n(c) On receipt of the authorisation from the State Development Bank, if any, the District Development Bank shall apply to the Sale Officer for conducting sale. In case of State Development Bank no such authorisation shall be required.\n(d) The application shall be submitted to the Sale Officer in such form as may be issued by the Registrar and shall be signed by the person duly authorised by the committee of State Development Bank or District Development Bank. It shall state the amount due for recovery including interest, expenses incurred in the service of the notice referred to in clause (a) of sub-section (3) of Section 26 of the Adhiniyam and the names and address of the person on whom notice was served under the said clause. It shall also contain the description of the movable/immovable property to be proceeded against with its sufficient identification and in case such property can be identified by boundaries in a record of settlement and/or survey, the specification of such boundaries and/or numbers.\nProclamation of sale in such form as may be issued by the Registrar be published by affixing a notice in the office of the Principal Officer of the Co-operative Department in the district and in the Revenue Office of Tehsil atleast 10 days before the date fixed for the sale and also by beat of drum or through loudspeaker in the village where the pledged/charged/mortgaged movable/immovable property is situated and the place where such pledged/charged/mortgaged property is to be sold on 3 consecutive days prior to the date of sale. The proclamation shall state the date, time and place of sale and specify as fairly and accurately as possible :-\n(i) The movable/immovable property to be sold,\n(ii) The revenue or rent/tax payable in respect thereof,\n(iii) The amount for the recovery of which the sale is ordered, and\n(iv) Any other matter which the Sale Officer considers material for purchasers to know in order to judge the nature and value of the movable/immovable property.", "footnote": "", "is_definition": false, "sort_order": 14 }, { "number": "17", "title": "17. Release of property attached.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 15 }, { "number": "18", "title": "18. Application to set aside the sale on deposit.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 16 }, { "number": "19", "title": "19. Sale of immovable property to be proportionate to arrears due.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 17 }, { "number": "20", "title": "20. Issue of sale certificate.", "chapter": null, "content": "Explanation\nChapter 6\nMiscelaneous", "footnote": "", "is_definition": false, "sort_order": 18 }, { "number": "21", "title": "21. Period of payment of the amount deducted from sale proceeds.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 19 }, { "number": "22", "title": "22. Service of process.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 20 }, { "number": "23", "title": "23. Receipts for payment of arrears due.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 21 }, { "number": "24", "title": "24. Summons to witnesses and requisition of documents.", "chapter": null, "content": "(a) By giving or tendering it to such person, or\n(b) If such person is not found by leaving it at his last known place of abode or business or by giving or tendering it to some adult member of his family or his authorised agent, or\n(c) If the address of such person is known to the officer or person issuing the summons by sending it to him by registered post, or\n(d) If none of the means aforesaid is available by affixing it in some conspicuous part of his last known place of abode or business.", "footnote": "", "is_definition": false, "sort_order": 22 }, { "number": "25", "title": "25. Deposit of process fees etc.", "chapter": null, "content": "(a) Process fees in accordance with the scale fixed by the Registrar of Co-operative Societies; and\n(b) Allowances payable to the person whose attendance is desired for travelling to and appearing before the officer or person issuing the summons, and referring in accordance with the scale fixed by the Registrar.", "footnote": "", "is_definition": false, "sort_order": 23 }, { "number": "26", "title": "26. Granting of copies.", "chapter": null, "content": "(a) Taken under sub-section (3) of Section 42 be signed by the officer or person authorised by or under sub-section (1) of the said section;\n(b) Granted under Section 45, be signed by the person specified in Rule 24 of the Chhattisgarh Co-operative Societies Rules, 1962.", "footnote": "", "is_definition": false, "sort_order": 24 }, { "number": "27", "title": "27. Exemption from registration of Security deed or deeds.", "chapter": null, "content": "(a) Every security or pledge/mortgage deed shall be executed before an officer who is not below the rank of Branch Manager of District Development Bank or Valuation Officer or Supervisor and who is competent/empowered by general or special order of State Development Bank or District Development Bank;\n(b) Loanee applicant and/or their legal successor, representatives/in case of minor his guardian and/or those persons who are interested legally with the land or movable/immovable properties to be pledged/mortgaged in favour of District Development Bank or State Development Bank, his surety and/or along with guarantor shall present themselves before the officer empowered under clause (a) above personally for execution of deed;\n(c) Officer so empowered shall himself satisfy with such accurate pledge/mortgagor/Guarantor and correct identification of present witnesses. He/She will verify the entries and subject matter of deed from the original documents;\n(d) After satisfaction of the competent/empowered officer the pledge/mortgage deed and/or Surety deed and/or guarantee deed shall be executed and shall be submitted in four copies;\n(e) After execution the competent/empowered officer shall immediately keep two copies of executed deed in safe custody of the bank and send a copy to the Registration Officer under whose jurisdiction mortgaged assets or a portion thereof lies within 30 days of execution and in order to ensure that a copy or copies of registration letter has been filed in Book No. 1 as described in Section 51 of Registration Act, 1908 (No. 16 of 1908) by Registration Officer obtain a certificate from Registration Officer accordingly and shall keep it with copies of deed kept in the Bank's custody;\n(f) The competent/empowered officer shall forward a copy of executed pledge/mortgage deed or/and surety/security deed to concerned Tehsildar or any officer designated by the State Government for this purpose and/or any concerned organisation under whose jurisdiction land or property lies, within 30 days of the execution of deed for the purpose of necessary entry in revenue records or concerned records.", "footnote": "", "is_definition": false, "sort_order": 25 }, { "number": "28", "title": "28. Permission of opening of new branches.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 26 }, { "number": "29", "title": "29. Repeal and Savings.", "chapter": null, "content": "State/District Co-operative Agriculture & Rural Development Bank Ltd.\nState/District Co-operative Agriculture & Rural Development Bank Ltd.\nBranch......\nBranch......\nForm No. A\nForm No. A\n[ See Rule 13 (6)]\nNotice\nNotice\nProposed Security\nProposed Security\nPlace of security\nKind of security land/ building/other (Specify)\nSurvey No./Plot/ House No./ etc. identification\n\t\t\t\tof security\nArea of construction/ unconstructed/ or\n\t\t\t\tother details\nDetails of property of East, West, North, South\n\t\t\t\tor other details\nLand Revenue/Tax\nRemarks\n(1)\n(2)\n(3)\n(4)\n(5)\n(6)\n(7)", "footnote": "", "is_definition": false, "sort_order": 27 }, { "number": "1", "title": "1. Kotwar village.............to affix the above notice in public place.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 28 }, { "number": "2", "title": "2. Gram Panchayat Office.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 29 }, { "number": "3", "title": "3. Patwari of the area.", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 30 }, { "number": "4", "title": "4. Central Co-operative Bank Branch..............", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 31 }, { "number": "5", "title": "5. All Commercial Banks of the area..............", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 32 }, { "number": "6", "title": "6. State/District Co-operative Agriculture and Rural Development Bank Ltd...................Branch............for notice Board.", "chapter": null, "content": "Signature of Valuation Officer with Designation & Seal\nState/District Co-operative Agriculture & Rural Development Bank Ltd.\nState/District Co-operative Agriculture & Rural Development Bank Ltd.\nBranch............\nBranch............\nForm No. B\nForm No. B\n[ See Rule 13 (8)]\nCertificate of publication of Notice\nCertificate of publication of Notice\nor\nSignature\nValuation Officer\n(Name.....................................)\nDesignation............................\nSeal\nNote. - Strike out which is not applicable.\nNote.\nState/District Co-operative Agricultural & Rural Development Bank Ltd.\nState/District Co-operative Agricultural & Rural Development Bank Ltd.\nBranch........................\nBranch........................\nForm No. C\nForm No. C\n[ See Rule 13 (ii)]\nAffidavit\nAffidavit\nor\nor\n(a) a Co-operative Society namely registered under the Chhattisgarh Co-operative Societies Act, 1960 (Regn. No............)\nor\n(b) a Public Trust namely................................ Registered under the Chhattisgarh Public Trust Act, 1951 (Registration No...............)\nor\n(c) a Firm/Company/Corporation/Body Corporate namely................................established/constituted under law....................... (Regn. No.............)\nor\n(d) a society namely..................... registered under the Chhattisgarh Society Registrikaran Adhiniyam, 1973 (Regn. No............) which is approved by the State Government by order No...............dated............\n(a) Place where property is situated...............\n(b) Khasra No./House No./Other details.............\n(c) Area of property/machines details...........\n(d) Land revenue/Tax Rs............................\n(e) Other details to identify the properly......\n(f) Approximate value of the property...........\nSignature..............................\nDeponent.\nVerification\nVerification\nSignature..............................\nDeponent.\nNote. Strike out which is not applicable.\nNote.\nState/District Co-operative Agriculture & Rural Development Bank Ltd.\nState/District Co-operative Agriculture & Rural Development Bank Ltd.\nBranch..........................\nBranch..........................\nForm No. D\nForm No. D\n[ See Rule 20]\nSale Certificate\nSale Certificate", "footnote": "", "is_definition": false, "sort_order": 33 }, { "number": "1", "title": "1. Registration District...................................", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 34 }, { "number": "2", "title": "2. Municipal Corporation/Municipality place................", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 35 }, { "number": "3", "title": "3. District................................................", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 36 }, { "number": "4", "title": "4. Tehsil..................................................", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 37 }, { "number": "5", "title": "5. Village/Mohalla.........................................", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 38 }, { "number": "6", "title": "6. Settlement No. of the village/ward No...................", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 39 }, { "number": "7", "title": "7. Survey No./House No.....................................", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 40 }, { "number": "8", "title": "8. Local name..............................................", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 41 }, { "number": "9", "title": "9. Area............acre/.............................sq. ft", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 42 }, { "number": "10", "title": "10. Right..................................................", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 43 }, { "number": "11", "title": "11. Land Revenue/House Tax.................................", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 44 }, { "number": "12", "title": "12. Date of Auction........................................", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 45 }, { "number": "13", "title": "13. Date of confirmation when sale become absolute.........", "chapter": null, "content": "", "footnote": "", "is_definition": false, "sort_order": 46 }, { "number": "14", "title": "14. Amount for which Rs................sold to the purchaser (sale price).", "chapter": null, "content": "Station :\nSale Officer\nDate :\nSeal", "footnote": "", "is_definition": false, "sort_order": 47 } ], "metadata": { "Act ID": "cg065", "Act Number": "Published vide Notification No. F-15-01/15-02/2009/1, dated 27-1-2009, C.G. Rajpatra, Part 1, dated 13-2-2009 at pages 188-205", "Enactment Date": "", "Act Year": "2008", "Short Title": "The C.G. Sahakari Krishi Aur Gramin Vikas Bank Rules, 2008", "Type": "STATE", "Location": "Chhattisgarh" }, "updated_at": "2026-09-29 21:55:19" }