section 80
Charge of debenture holders on certain properties
The Karnataka Co-operative Societies Act, 1959Corporate1959265 sections
Statutory text
Charge of debenture holders on certain properties. The holders of the debentures shall have a floating charge on,— (a) all such mortgages and assets as are referred to in clause (a) of sub-section (3) of section 79; (b) the amount paid under such mortgages and remaining in the hands of the Board or of the Trustee; and (c) the other properties of the State Agriculture and Rural Development Bank.
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