3[28. References to banks in other Acts how construed. - (1) With effect from the commencement of the Uttar Pradesh Co-operative Land Development Banks (Amendment) Act, 1989, any reference in any law or statutory instrument-
(a) to U.P. State Co-operative Land Mortgage Bank, or Uttar Pradesh State Co- operative Land Development Bank or Uttar Pradesh and State Land Development Bank, shall be construed as a reference to the 2[Uttar Pradesh Gram Vikas Banks];
(b) to a land mortgage bank or a land development bank shall be construed as a reference to a 2[Gram Vikas Bank].
(2) The name of the Uttar Pradesh State Co-operative Land Development Bank or a Land Development Bank existing on the date of commencement of the Uttar Pradesh Co- operative Land Development Banks (Amendment) Act, 1989 shall be changed as the 2[Uttar Pradesh Sahkari Gram Vikas Bank], or as the case may be, 2[Gram Vikas Bank], by the Registrar by order in writing and the original certificate and bye-laws of such bank shall stand amended accordingly and such change of name, made under order of the Registrar, be deemed to be a change of name duly effected by the society under the Uttar Pradesh Co-operative Societies Act, 1965.
(3) Where a mortgage is executed by a person directly in favour of the 2[Uttar Pradesh Sahkari Gram Vikas Bank], all references to 2[Gram Vikas Bank] in Sections 14, 20, 22,23,26 and 27 shall be deemed to be references to the 2[Uttar Pradesh Sahkari Gram Vikas Bank].
(a) to U.P. State Co-operative Land Mortgage Bank, or Uttar Pradesh State Co- operative Land Development Bank or Uttar Pradesh and State Land Development Bank, shall be construed as a reference to the 2[Uttar Pradesh Gram Vikas Banks];
(b) to a land mortgage bank or a land development bank shall be construed as a reference to a 2[Gram Vikas Bank].
(2) The name of the Uttar Pradesh State Co-operative Land Development Bank or a Land Development Bank existing on the date of commencement of the Uttar Pradesh Co- operative Land Development Banks (Amendment) Act, 1989 shall be changed as the 2[Uttar Pradesh Sahkari Gram Vikas Bank], or as the case may be, 2[Gram Vikas Bank], by the Registrar by order in writing and the original certificate and bye-laws of such bank shall stand amended accordingly and such change of name, made under order of the Registrar, be deemed to be a change of name duly effected by the society under the Uttar Pradesh Co-operative Societies Act, 1965.
(3) Where a mortgage is executed by a person directly in favour of the 2[Uttar Pradesh Sahkari Gram Vikas Bank], all references to 2[Gram Vikas Bank] in Sections 14, 20, 22,23,26 and 27 shall be deemed to be references to the 2[Uttar Pradesh Sahkari Gram Vikas Bank].
Source footnotes
2. Subs. by U.P. Act No. 19 of 19943. Subs. by U.P. Act No. 16 of 1989
आगे पढ़ें / Continue reading
Explore the next section or browse this act in the selected language.
Next · Section 28-AReferences to banks in other Acts now construed after the commencement of the Uttar Pradesh Sahkari Krishi Evam Gramya Vikas Banks (Amendment) Act, 1994 →All sections / सभी धाराएँThe U P Sahkari Gram Vikas Bank Act 1964 →
More sections of this act
Section 1 · Short title, extent and commencementSection 2 · DefinitionsSection 3 · Number of Gram Vikas BanksSection 4 · Appointment of Trustee and his powers and functionsSection 5 · Trustee to be a Corporation SoleSection 6 · Issue of debentures by the BoardSection 7 · Vesting of property in Trustee and Debenture -holders charge on the assetsSection 8 · Guarantee by State Government of Principal and interest of the money to be borrowed by means of debentures or otherwiseIndia Code, Government of India. Text fetched 16 Oct 2026. Source metadata reports last modification: 2024-03-15. Check the linked official text and subsequent notifications when applying a provision.