Recovery of Financial Institutions'  dues as Land revenue



Forums > Discussion Forum > Grievance Forum


Date: 23 May 2001
Time: 11:11:21

Comments

Many State Finance Corporations are taking Shelter of Land Revenue Act to recover the dues and taking very harsh action. Which in many cases is not justifiable. Also Land Revenue Act can not be applied to Guarantors unless there is a specific provision in guarantee deed that dues can be recovered as Land Revenue. Any comments ?




BACK

HOME