You are viewing the translated version of सम्झौता उल्लंघन गरेमा कोषको अधिकार.
Section 35
Fund's Right to Breach of Contract
(1) If an organized organization violates the terms of the document with the fund by not paying any loan, interest and the remaining amount due to the fund according to the agreement, or if the committee feels that there is reason to control the financial transactions of such organized organization, even if the payment period has not reached according to the condition. The fund may exercise control over the management and financial transactions of the debtor's organization or seize the assets of the debtor's organization that are mortgaged or other assets of the debtor's organization and collect the amount it is due by selling it through auction or bidding or mutual discussion. (2) According to sub-section (1) the mortgage given by the debtor organized organization or other property of the said organized organization is seized and sold by auction or bidding, the fund shall take the amount to be received and give the excess amount to the related organized organization. (3) According to sub-section (1) If the property of the debtor organization is sold by auction or by bidding, or if it fails to sell despite repeated attempts to sell it at auction, or if the fund decides to take ownership of the property at the price received and not in the interest of the fund, the person who will take the property from the auction, or In the name of the fund, the property should be canceled and given.