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LAW SECTION As per the Gazette Notification dated 24.10.2000, officer's posted at H.O. (Law Section) and at various field offices have been given the following powers :a) To sign and execute on behalf of the Corporation, Mortgage Deeds, Guarantee deeds, Tripartite Agreement, Deed of Modification and all other documents/papers connected with the authorised business of the Corporation and also to accept original title documents deposited for the creation of Equitable Mortgage for the loans granted by the Corporation.b) To sign plaints, Written Statements, Vakalatnama, Affidavit and all other documents and papers relating to legal proceedings by and against the Corporation.Statement of categories of documents which are held by the Corporation under its control at Head Office as well as at field offices :The documents related to security of loans.
Re: Publishing of informations/details as per Sec. 4(1) of the Right to Information Act,2005 on the website of the Corpn. Information u/s 4(1)(b)(ii): Regarding the powers and duties of the officers and employees posted in the Law Section at HO and field offices, who are dealing with the work related to Execution of loan documents and litigation work we have already published a Gazette Notification dated 24.10.2000 prescribing the powers and duties of the work related to Execution of Loan Documents and litigation in detail. A copy of the said Notification is enclosed herewith for your ready reference. Information u/s 4(1)(b)(vi): Statement of the categories of documents, which are held under the control of the Law Section of HO as well as at filed offices are - the documents related to the security of loan, which are being kept under the custody of officers of Law Section/officers of BOs, who are dealing with the work related to loan documents.
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