section 26
Bank's right to improvements effected by lessee
The Kerala Co-operative Land Mortgage Banks Act, 1960Corporate196043 sections5 chapters
Chapter V Chapter V
Statutory text
Notwithstanding anything contained in the Kerala Compensation for Tenants Improvements Act, 1958, the improvements, if any, made subsequent to the date of the mortgage by a lessee of property mortgaged to the Central Mortgage Bank or a primary mortgage bank, as the case may be, shall be treated as accession to the mortgaged property and shall be available to such Bank for the realisation of the mortgaged amounts.
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