Amendment status not verified — confirm the current text below against the official source.
Any transfer of any holding or part thereof madP Transfer by a Bhumidhar by which possession is transferred to the with pos- transferee f ~ r the purpose of ssnring any payment of session by money advanced a to be advanced by way of loan, and :hf::F existing or future debt or the performance cEf an engage- be deemed ment which may give rise to a pecuniary liability, shall, a sale. notwithstanding anything contained in the document of transfer or any law for the time being in force, be deemed at all times and for all purposes to be a sale to the trans- feree and to every such sale the provisions of sections 33 and 42 shall apply.