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Section 2: Application of Act to subsisting mortgages

the Himachal Pradesh Restitution of Mortgaged Lands Act, 1976State Act of Himachal Pradesh · Act 20 of 1976

Notwithstanding anything contained in any enactment for the time being in force, this Act shall apply to any subsisting mortgages of land which were effected more than 20 years prior to the date on which an application for the restitution of the possession of the mortgaged land under section 4 of this Act is made.

Explanation.- A mortgage shall be deemed to subsist notwithstanding a decree or order for its redemption having been passed provided redemption has not taken place before the commencement of this Act.

Where this provision sits

Actthe Himachal Pradesh Restitution of Mortgaged Lands Act, 1976
Section2
Marginal noteApplication of Act to subsisting mortgages
JurisdictionState of Himachal Pradesh
StatusIn force as published by the source

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