Bare ActsThe Uttar Pradesh Revenue Code-2006

Section 93

Transfer of possession for securing money shall be deemed to be a sale

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

93. If any bhumidhar transfers possession of any holding or part thereof for the purpose of securing any money advanced by way of loan or in lieu of interest on such loan, then, notwithstanding anything contained in any law or contract or document of transfer, the transaction shall be deemed at all times and for the purposes of this Code, to be a sale to the transferee, and to every such sale, the provisions of section 89 shall apply.

Section 93 – The Uttar Pradesh Revenue Code-2006 | DailyLaw.ai