Bare ActsKerala Co-operative Land Mortgage Banks Act, 1960

Section 26

Bank's right to improvements effected by lessee.--

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

Notwithstanding anything contained in the Kerala Compensation for Tenants Improvements Act, 1958, the improvements, if any, made subsequent to the date of the mortgage by a lessee of property mortgaged to the Central Mortgage Bank or a primary mortgage bank, as the case may be, shall be treated as accession to the mortgaged property and shall be available to such Bank for the realisation of the mortgaged amounts

Section 26 – Kerala Co-operative Land Mortgage Banks Act, 1960 | DailyLaw.ai