(1) Notwithstanding anything contained in any law for the time being in force, the
1. Substituted for the words "Land Development Bank" vide H.P. Act No. 16 of 1987, effective from 16th November, 1987
2. Substituted for the words "Land Development Bank" vide H.P. Act No. 16 of 1987, effective from 16th November, 1987.
3. Substituted for the word "mortgages" vide H.P. Act No. 16 of 1987, effective from 16th November, 1987.
THE HIMACHAL PRADESH CO-OPERATIVE AGRICULTURE AND RURAL 31 DEVELOPMENT BANKS ACT, 1979 1[Gehan created or mortgage or hypothecation] in respect of loans by the 2[Agriculture and Rural Development Banks] either before or after commencement of this Act by the manager of joint Hindu family for the improvement of agricultural land or other purposes enumerated in this Act shall be binding on every member of such joint Hindu family.
(2) Where a 3[Gehan created or mortgage or hypothecation] executed in favour of the 4[Agriculture and Rural Development Bank] is called in question on the ground that it 5[was created or executed] by a person governed by a custom or the manager of a joint Hindu family for a purpose not binding on the reversioners and the members thereof, whether major or minor, the burden of proving the same shall, notwithstanding any law to the contrary, be on the party raising it.