Bare ActsThe Gujarat Cooperative societies Act-1961

Section 122

Amendment status not verified — confirm the current text below against the official source.

(1) A mortgage executed in favour of a 72[Land development bank] shall have priority over any claim of the Government arising from a loan grated after the execution of the mortgage under the Land Guarantee by State Government. XIX of 1883. XII of 1884. Vesting of property in trustee and debenture holders charge on assets. Bom. XLV II of

Section 122 – The Gujarat Cooperative societies Act-1961 | DailyLaw.ai