Where any land held by an agriculturist is subject to a charge or mortgage created in favour of a bank by an agriculturist and the rights, title and interest of the agriculturist in the said land have ceased as a result of the enforcement of the final consolidation scheme under Chapter IV of the U. P. Consolidation of Holdings Act, 1953, such charge or mortgage shall be transferred and attached to the corresponding land allotted to the agriculturist and to the compensation, if any, payable under the said scheme.
आगे पढ़ें / Continue reading
Explore the next section or browse this act in the selected language.
Next · Section 7Removal of disability in creation of charges and mortgages U.P. Act No. XI of 1966 →All sections / सभी धाराएँTHE UTTAR PRADESH AGRICULTURAL CREDIT ACT, 1973 →
More sections of this act
Section 1 · Short title, extent and commencement.Section 2 · DefinitionsSection 3 · Vesting of rights of alienation on agriculturists not having such righsSection 4 · Charge on crop and other movable property in favour of a bankSection 5 · Distraint and sale of produce and movablesSection 6 · Creation of charge on land in favour of a bank by decalrationSection 7 · Removal of disability in creation of charges and mortgages U.P. Act No. XI of 1966Section 8 · Priority of charges and mortgages in favour of Government a bank and a cooperative societyIndia Code, Government of India. Text fetched 18 Oct 2026. Source metadata reports last modification: 2025-07-17. Check the linked official text and subsequent notifications when applying a provision.