Amendment status not verified — confirm the current text below against the official source.
Nothing in section 24 shall apply to- ( i ) Any transfer which has been 1 [finally] adjudged to be a transfer other than a mortgage by a decree of a court of competent jurisdiction or by a Board established under section 4 of the repealed Act; and ( ii ) any bona fide transferee for value without notice of the real nature of such transfer or his representative where such transferee or representative holds under a registered deed executed on or before the 15 th day of February 1939.