Uttar Pradesh · Act 25 of 1934

Section 23-B — Liquidation of secured debt recoverable from compensation and rehabilitation grant.

THE UNITED PROVINCES ENCUMBERED ESTATES ACT, 1934

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23-B. (1) Without prejudice to the provisions of section 8 of the U. P. Zamindars’ Debt Reduction Act, 1952, the amount or the bonds on account of compensation or rehabilitation grant received by the Collector in pursuance of the requisition under section 23-A shall be expended or utilized by the Collector in liquidation of the amount of the secured debt which having regard to the provisions of the U. P. Zamindars’ Debt Reduction Act, 1952, was secured on the proprietary rights in land in respect of which such money has been received.

(2) If any balance out of the compensation or rehabilitation grant received by the Collector in pursuance of the requisition under section 23-A remains in the lands of the Collector after utilizing the same in accordance with the provisions of sub-section (1), such balance shall be utilized by the Collector in discharging the debts, other than the debts, referred to in the said sub-section in order of priority.]1

Source footnotes

1. Add by s. 14 of U.P. Act XIII of 1954.

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Next · Section 24Realization of value of debt or property and application of proceeds for liquidation of debts. →All sections / सभी धाराएँTHE UNITED PROVINCES ENCUMBERED ESTATES ACT, 1934 →
More sections of this actSection 1 · Short title, extent and CommencementSection 2 · DefinitionsSection 3 · Appointment and removal of Special JudgeSection 4 · Application for benefit of Act and time within which it may be madeSection 5 · Bar of second applicationSection 6 · Transmission of application to Special JudgeSection 7 · Consequence of acceptance of an application by the CollectorSection 8 · Written statement to be submitte,Verification of statement.
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India Code, Government of India. Text fetched 17 Oct 2026. Source metadata reports last modification: 2025-10-26. Check the linked official text and subsequent notifications when applying a provision.

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Section 23-B — Liquidation of secured debt recoverable from compensation and rehabilitation grant. | THE UNITED PROVINCES ENCUMBERED ESTATES ACT, 1934 | NYAYA SIGNAL

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