Bare ActsKerala Co-operative Land Mortgage Banks Act, 1960

Section 17

Delivery of property to purchaser.--

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

(1) Where the mortgaged property sold is in the occupancy of the mortgagor or of some person on his behalf or of some person claiming under a title, other than a lease, created by the mortgagor subsequent to the mortgage in favour of the Central Mortgage Bank or primary mortgage bank, as the case may be and a certificate in respect there of has been granted under section 16, the court shall, on the application of the purchaser, order, delivery to be made by putting such purchaser or any person whom he may appoint to receive delivery on his behalf, in possession of the property. (2) Where the property sold is in the occupancy of a tenant or other person entitled to occupy the same and a certificate in respect thereof has been granted under section 16, the court shall, on the application of the purchaser, and after giving notice to such tenant or other person, order delivery to be made by affixing a copy of the certificate of sale in some conspicuous place on the property and proclaiming i o the occupant by beat of drum or other customary mode at some convenient place that the interest of the mortgagor has been transferred to the purchaser. (3) The provisions of rules 97 to 103 of Order XXI of the First Schedule to the Code of Civil Procedure, 1908 (5 of 1908), shall mulatis mutandis, apply to the cases dealt with in sub-sections (1) and (2).

Section 17 – Kerala Co-operative Land Mortgage Banks Act, 1960 | DailyLaw.ai