You are viewing the translated version of सुरक्षण लेख रह हुने.
Rule 14
Article of security will remain
: (1) Article of security will automatically be canceled in the following cases
(a) If the protected livestock is sold before the expiry of the protection article or if the right is given up in any other way, (b) If the protected livestock is not under the protection of the security provider due to loss or theft, (c) If the borrower repays the entire loan before the final payment date of the loan taken. (2) Notwithstanding anything written in clause (c) of sub-rule (1), if the borrower is yet to repay any other type of loan taken from the same member institution, if he informs the fund through the said member institution, the fund has to pay the loan mentioned in the security article. It can be maintained till date.
(a) If the protected livestock is sold before the expiry of the protection article or if the right is given up in any other way, (b) If the protected livestock is not under the protection of the security provider due to loss or theft, (c) If the borrower repays the entire loan before the final payment date of the loan taken. (2) Notwithstanding anything written in clause (c) of sub-rule (1), if the borrower is yet to repay any other type of loan taken from the same member institution, if he informs the fund through the said member institution, the fund has to pay the loan mentioned in the security article. It can be maintained till date.