Section 25: Provisions of section 24 not to apply to certain transfers and transferees.
The Maharashtra Agricultural Debtors Relief Act.State Act of Maharashtra · Act 28 of 1947
Nothing in section 24 shall apply to-
(i) Any transfer which has been [finally] adjudged to be a transfer other than a mortgage by a decree of a court of competent jurisdiction or by a Board established under section 4 of the repealed Act; and
(ii) any bona fide transferee for value without notice of the real nature of such transfer or his representative where such transferee or representative holds under a registered deed executed on or before the 15 day of February 1939.
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