Amendment status not verified — confirm the current text below against the official source.
Registration of documents executed on behalf of a 1[Co- operative Agricultural and Rural Development Bank] or of the [State Co-operative Agricultural and Rural Development Bank] :– (1) Notwithstanding anything contained in the Indian Registration Act, 1908 (16 of 1908)– (a) it shall not be necessary to register a mortgage executed in favour of the 1[State Co-operative Agricultural and Rural Development Bank] or any 1[Co-operative Agricultural and Rural Development Bank] where the concerned bank sends within such time and in such manner as may be prescribed a copy of the mortgage deed to the registering officer having jurisdiction, who shall file such copy in the book maintained under Section 51 of the said Act, and