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Bengaluru, Updated: Bengaluru, Updated: February 04, 2021 23:29 IST Court interprets expression ‘agriculture land’ under the Act while deciding application of the law on coffee plantations Share Article AAA Court interprets expression ‘agriculture land’ under the Act while deciding application of the law on coffee plantations While declaring that the expression ‘agricultural land’ in the SARFAESI Act does not include lands on which plantation crops such as coffee are grown, the Karnataka High Court has held that the banks and other financial institutions can invoke provisions of the Act to recover loans borrowed by mortgaging coffee estates. “The expression ‘agricultural land’ in Section 31(i) of the SARFAESI Act does not include land on which plantation crops are grown namely, cardamom, coffee, pepper, rubber and tea as defined in Section 2(A)(25) of the Land Reforms Act,” the Court said while holding that coffee estates are not excluded from the appl

State of karnatakaUm ramesh raoJusticebv nagarathnaJustice nataraj rangaswamyA division benchKarnataka high courtLand reforms actDivision benchFinancial assetsSecurities interest actKarnataka land reforms actKarnataka agricultural income tax actVijayadevan coffee estateYellikudige coffee estateChikkamagaluru vs union bankநிலை ஆஃப் கர்நாடகா