Office Memorandum No. 4295/2015/HD of the Home Department, Government of Punjab dated 1st December, 2015 on the taking of a mortgage of agricultural land [C15-B9Z]
As at 7 September 2026. In force. No commencement recorded.
No. 4295/2015/HD
GOVERNMENT OF PUNJAB
Home Department, Government of Punjab
Chandigarh, dated the 1st December, 2015
OFFICE MEMORANDUM
Subject: The taking of a mortgage of agricultural land by mortgagees of agricultural land under the Punjab Security of Land Tenures Act, 1953, regarding.
1. The undersigned is directed to say that references have been received in the Home Department, Government of Punjab on the manner in which the taking of a mortgage of agricultural land by mortgagees of agricultural land is to be regulated under the Punjab Security of Land Tenures Act, 1953.
2. The matter has been examined. Every mortgagee of agricultural land carrying on the taking of a mortgage of agricultural land shall make an application in Form 3 to the Sub-Divisional Officer within ninety days, accompanied by a fee of fifty rupees.
3. It is, accordingly, clarified that a separate application shall be made in respect of each place at which the taking of a mortgage of agricultural land is undertaken, and the Sub-Divisional Officer shall dispose of it within ninety days of its receipt.
4. Difficulties, if any, in the implementation of this office memorandum may be brought to the notice of the Home Department, Government of Punjab.
(Secretary to Government)
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