Bare ActsThe Manipur Co-Operative Societies Act, 1976

Section 123

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

Nat withstanding anything contained in any Insolvency Act 0: any eerresponding law for the time being in force in Manipur a Mortgage, executed in favour of a Land Development Bank, shall not he called in question in any insolvency proceedings on the ground that it was not executed in order to give the Bank a. preference over other creditors of the mortgagor.

Section 123 – The Manipur Co-Operative Societies Act, 1976 | DailyLaw.ai