section 18
Right of Central Mortgage Bank or primary mortgage bank to purchase the mortgaged property at sale
The Kerala Co-operative Land Mortgage Banks Act, 1960Corporate196043 sections5 chapters
Chapter IV Chapter IV
Statutory text
It shall be competent to the Central Mortgage Bank or a primary mortgage bank to purchase the mortgaged property sold under this Chapter, but the property so purchased shall be disposed of by such bank by sale within such period as may be fixed by the Trustee.
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