Legal Question in Banking Law in India

tea plantation

does tea estate come under agriculture land status and if it does does it mean sarfaesi act cant be used on tea estate.


Asked on 5/14/08, 6:22 am

8 Answers from Attorneys
J. Radhakrishnan independent Practice

Re: tea plantation

tea plantation lands rank as agricultural lands. Hence may be treated as exempted under SARFAESI Act

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Answered on 5/14/08, 9:30 pm
Homi Maratha N.N. Maratha & Co.-Advocates

Re: tea plantation

Yes it comes under Sarfaeshi Act.

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Answered on 5/15/08, 1:06 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: tea plantation

Yes it comes under Sarfaeshi Act.

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Answered on 5/15/08, 1:07 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: tea plantation

Yes it comes under Sarfaeshi Act.

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Answered on 5/15/08, 1:07 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: tea plantation

Yes it comes under Sarfaeshi Act.

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Answered on 5/15/08, 1:07 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: tea plantation

Yes it comes under Sarfaeshi Act.

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Answered on 5/15/08, 1:08 am
Vijay Chandavale Advocate Vijay Chandavale & Associates

Re: tea plantation

tea is commercial agriculture . Mere production of plant comes under agriculture as envisaged by u. But making tea on commercial basis is not agricultural activity and provisions of Securatisation act can' tbe avoided merely because the origin is agriculture

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Answered on 5/14/08, 8:42 am
Aniruddha Pawse Aniruddha.P.Pawse Advocates

Re: tea plantation

Yes.

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Answered on 5/14/08, 11:21 am


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