section 108
Mortgage not to be questioned on insolvency of mortgagor.
Telangana Co-operative Societies Act, 1964Corporate1964179 of 141 sections available
Statutory text
Notwithstanding anything in any law relating to insolvency, a mortgage created in favour of an [Agriculture Development Bank], shall not be called in question on the ground that it was not created in good faith for valuable consideration or on the ground that it was created in order to give the [Agricultural Development Bank] a preference over the other creditors of the mortgagor.
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