Section 41
Payment Of Interest On Saving And Conversion In Cash
(1) The committee, association or authority keeping the deposited saving shall give interest on the amount of saving so made pursuant to Section 40 at the rate of Five percent per annum, and shall make
payment of such interest in lump sum or in installments after Two years and within Five years of the date of the deposit of such saving. (2) The committee, association or authority keeping the deposit of saving may convert the amount of compulsory saving deposited in kind pursuant to Section 40 into cash as prescribed.
payment of such interest in lump sum or in installments after Two years and within Five years of the date of the deposit of such saving. (2) The committee, association or authority keeping the deposit of saving may convert the amount of compulsory saving deposited in kind pursuant to Section 40 into cash as prescribed.
The Lands Act, 2021(1964)
Chapter - 3
Section 7: Upper Ceiling Of Land Allowed To Be Owned By Person As LandownerSection 8: Upper Ceiling Of Land Allowed To Be Owned As TenantSection 9: Provisions Relating To Land Owned In Any Other NameSection 10: Restriction On Acquisition Of LandSection 11: PunishmentSection 12: Exemption From Upper Ceiling
Chapter - 6
Section 21: 34 Sale And Disposal Of LandSection 21B: 36 To Maintain Registration Book Of LandsSection 22: To Receive Value Of LandSection 23: 41 Prohibition On Sale And Disposal Of LandSection 24: PunishmentSection 24A: 43 Confiscation Of Land Obtained By Producing False Statement Or In Contravention Of Rules
Chapter - 7
Section 25: Circumstances Where Tenancy Right Is AcquiredSection 26: Rights And Obligations Of TenantSection 26A: 52 Tenancy Right Not Liable To Be Purchased, SoldSection 26B: Powers To Allocate Land To Landowner And TenantSection 26C: Joint Application By Landowner And TenantSection 26D: Right Of Tenant And Landowner To Set Aside Their Own PortionSection 26D1: Application To Be MadeSection 26D3: Action To Be CompletedSection 26E: Powers To Set Title To Land In The Name Of Only One Person Out Of Landowner And TenantSection 26F: AppealSection 26H: Formation Of Value Fixation CommitteeSection 26I: Powers Of Government Of Nepal To Make Provision Of AmountSection 27: XxxxxxxSection 28: XxxxxxxSection 29: Termination Of Tenancy RightSection 29A: Limitation To Expel TenantSection 30: To Maintain Inventory Of Lands, Landowners And TenantsSection 31: Prevalence Of Section 8 In The Event Of Its CommencementSection 31A: 71 Cases On Acquisition Of Tenancy Right Or Its EntitlementSection 32: Punishment
Chapter - 8
Section 33: Provision Of RentSection 34: XxxxxxxSection 35: Remission Of RentSection 36: Time For Payment Of Rent And Other Provisions Pertaining TheretoSection 36A: Limitation For Recovery Of RentSection 37: Prohibition On Engaging In Other Acts Or Collecting Other AmountsSection 38: PunishmentSection 39: Special Provisions Relating To Old Cases On Tenancy
Chapter - 9
Section 40: To Deposit Compulsory SavingSection 41: Payment Of Interest On Saving And Conversion In CashSection 42: Refund Of The Amount Of SavingSection 43: Furnishing As Security And Subscription Of SharesSection 44: To Furnish Details Of LoansSection 45: To Ascertain Actual Amount Of Principal And Interest Of LoanSection 45A: 101 Power To Ascertain Whether Document Is Fake Or GenuineSection 46: To Recover LoanSection 46A: 102 To Convert In-kind Loan Into CashSection 47: Other Provisions On Recovering LoanSection 48: Provisions Relating To Recovered LoanSection 49: Prohibition On Getting Return Of Oxen Or Other Tools Used In CultivationSection 50: Amount Of Other Loan To Be AscertainedSection 51: PunishmentSection 51A: 106 To Get Facility As To Recovery Of LoanSection 51B: 107entitlement Of Borrower To Such Loan Where Details Of Loan Are Furnished By BorrowerSection 51D: 109recovery In Event Of Misappropriation Of Saving Or DebtSection 51F: Formation Of Land-use CouncilSection 51G: Prohibition On Employing Land Fixed For Any One Use In Another UseSection 51H: Land Fragmentation Control And Plotting (chaklabandi)Section 51I: Provision Of Facilities To Do Cooperative FarmingSection 51J: Power To Arrange For Settlement In Secure Or Planned AreaSection 51K: Punishment
Chapter - 10
Section 52: Formation Of Committees And Appointment Of AuthoritiesSection 53: Powers And Modus OperandiSection 54: Transfer Of Filed Cases And Revision ThereofSection 55: AppealSection 56: Powers To Enter Into House And LandSection 57: To Delegate PowersSection 57A: 116court Fee And Fee For Compromise (baksauni) Not To Be Charged
Chapter - 11
Section 58: OtherpunishmentSection 58A: XxxxxxxSection 58B: Execution Of JudgmentSection 59: Powers Of Government Of Nepal To Give Direction Regarding CultivationSection 60: Notice To Be Given To Village Development Committee Or MunicipalitySection 61: Powers To Frame RulesSection 62: Powers To Remove DifficultiesSection 63: Action In Case Of ConflictSection 64: Repeal