section 89
Charge of debenture holders on certain properties.
Telangana Co-operative Societies Act, 1964Corporate1964179 of 141 sections available
Statutory text
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 88; (b) the amount paid under such mortgages and remaining in the hands of the Board or of the Trustee; (c) The other properties of the (Telangana State Co-operative Apex Bank Limited (TESCAB).
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