Collector certifies that there is no prospect for realisation of the entire sum due through the first mentioned process within reasonable time.

Act not to debar recovery of dues in respect of financial assistance given by the bank to agriculturist.— Subject to the provisions of sub-section (3) of section 3, nothing in this Act shall debar the recovery of dues in respect of financial assistance given by a bank to an agriculturist or the security of a charge or mortgage created by the agriculturist on any land or interest therein in favour of the bank, where such dues are recoverable by the Bank under the provisions of any other law for the time being in force.