Rights of Lenders
Section 30 of Bihar State Infrastructure Development Enabling Act, 2006 deals with rights of Lenders. The Lenders will be entitled to recover their dues from the Developer and Project receivables in the form of User levies and in the event of default by the Developer in completing or implementing a project, the lenders will have the right to substitute the Developer with the consent of the Governmen
The Lenders will be entitled to recover their dues from the Developer and Project receivables in the form of User levies and in the event of default by the Developer in completing or implementing a project, the lenders will have the right to substitute the Developer with the consent of the Government and subject to the approval of such substituted Developer by the Government Agency or the Local Authority and by the Infrastructure Development Authority, on the Same terms and conditions as applicable to the previous Developer or with such modifications as may be specifically approved by the Infrastructure Development Authority.
Section 30, Bihar State Infrastructure Development Enabling Act, 2006 (Act 2006 of 2024).
Questions about Section 30
What does Section 30 of the Bihar State Infrastructure Development Enabling Act deal with?
Section 30 of the Bihar State Infrastructure Development Enabling Act is headed "Rights of Lenders". The Lenders will be entitled to recover their dues from the Developer and Project receivables in the form of User levies and in the event of default by the Developer in completing or implementing a project, the lenders will have the right to substitute the Developer with the consent of the Governmen
How do I find court cases under Section 30 of the Bihar State Infrastructure Development Enabling Act?
In judgments and charge sheets this section is written several ways, and each form finds a different set of orders. These search the full text of every order eCourtsIndia holds, best matches first: Bihar State Infrastructure Development Enabling Act 30, section 30 Bihar State Infrastructure Development Enabling Act, section 30 of the Bihar State Infrastructure Development Enabling Act. Each opens the full list of orders on eCourtsIndia, where it can be narrowed by court, year and outcome.
When was the Bihar State Infrastructure Development Enabling Act enacted?
Bihar State Infrastructure Development Enabling Act was enacted in 2024 as Act 2006 of 2024. India Code records no commencement date for it. It is in force as at the date shown on this page.
Other sections of this Act
- 7. 5930 words
- 12. Report to the Government3488 words
- 69. Act to override other State laws1956 words
- 19. Developer selection processes941 words
- 3. 783 words
- 58. Offences by companies228 words
Source and method. Compiled from the enactments of Parliament and of the State legislatures as published on India Code, and republished together with commentary and other original matter under section 52(1)(q)(ii) of the Copyright Act, 1957. Structured, cross-referenced and maintained by eCourtsIndia. Read from the Government's own scanned gazette with Azure Document Intelligence, then split into sections by their numbering. India Code publishes no text for this Act. The scan itself is mirrored into our own storage and served at /scan/32ff8de0-2ecc-4e55-abd3-885a8515eff7.pdf, so the reading here can be checked against the page it came from without depending on India Code's own copy staying where it is (it was at https://indiacode.gov.in/server/api/core/bitstreams/add86f77-a008-4072-9701-4741e1de54c0/content). This page is not a substitute for legal advice.