NATIONAL MORTGAGE, FINANCING AND GUARANTEE SCHEME ACT - 1976 (SMCD 23)

    Section - 25 - Where 75 per cent of loan has been Paid Possession or Sale to be through Court Proceedings.

    Notwithstanding anything in this Decree where at least 75 per centum of the total loan amount has been paid or tendered by or on behalf of the borrower the financial institution shall not enforce any right to recover possession of the premises or its right of sale otherwise than by court action.