Section 106: Mortgager’s powers to lease.

The Jammu and Kashmir Co-Operative Societies Act, 1989Union territory Act of Jammu and Kashmir · Act 10 of 1989

(1) Notwithstanding anything contained in [the Transfer of Property Act, 1882 (4 of 1882)], or any other law for the time being in force, a mortgagor shall not grant a lease of the mortgaged property for a period exceeding five years.

(2) Any lease granted in contravention of the provisions of sub-section (1) shall be void.

Where this provision sits

Act	The Jammu and Kashmir Co-Operative Societies Act, 1989
Section	106
Marginal note	Mortgager’s powers to lease.
Jurisdiction	Union territory of Jammu and Kashmir
Status	In force as published by the source

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

substituted. . Substituted for “the Transfer of Property Act, Samvat 1977” by S.O. 3466 (E) dated 05.10.2020.

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