Bare ActsThe Telangana Co-operative Societies Act, 1964.

Section 108

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

Notwithstanding anything in any law relating to insolvency, 279[a mortgage created in favour of] an *[Agriculture Development Bank], shall not be called in question on the ground that 279[it was not created] in good faith for valuable consideration or on the ground that 279[it was created] in order to give the *[Agricultural Development Bank] a preference over the other creditors of the mortgagor.

Section 108 – The Telangana Co-operative Societies Act, 1964. | DailyLaw.ai