section 31
Bank's right to improvements effected after Gehan or mortgage or hypothecation
The Kerala State Co-operative Agricultural Development Banks Act, 1984Finance198452 sections
Statutory text
Notwithstanding anything contained in the Kerala Compensation for Tenants Improvements Act, 1958 (29 of 1958), the improvements, if any, made subsequent to the date of the Gehan or mortgage or hypothecation in favour of the Agricultural Development Bank or a primary bank, by the lessee of the property to which the Gehan or mortgage or hypothecation relates, shall be treated as accession to the property and shall be available to such bank for the realisation of the amount under the Gehan or mortgage or hypothecation.
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