Securitisation & Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002–Sec. 31, Clause (i)–Classification of land in the revenue record as agricultural is not dispositive or conclusive of the question whether the SARFAESI Act does or does not apply–Whether a parcel of land is agricultural must be deduced as a matter of fact from the nature of land, the use to which it was being put on the date of creation of the security interest and the purpose for which it was set apart.
