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Section 125

The Manipur Co-Operative Societies Act, 1976State Act of Manipur · Act 14 of 1976

(1) Mortgages, in respect of loans by a Land Development Bank or the State Land Development Bank, by the Manager of a Hindu joint family for the improvement of agricultural land or of the methods of cultivation, or for financing any other means to raise the predimtivity of the iand, or for the purchase of land, shalt be binding on eVery member of such joint Hindu family, notwithstandiug any law to the contrary.

(2) In other cases, Where a mortgage executed in favour of a Land Development Bank or a State Land Development Bank is called in question on the ground that it was executed by the manager of a Hindu joint family for a purpose not binding on the members (Whether such members have attained majority or not) thereof, the burden of proving the same shall notwithstanding any law to the contrary, lie on the party alleging it.

126. Section 8 of the Hindu Minority and Guardianship Act, 1956, shall apply to mortgages in favour of a Land Development Bank, subject to the modification that reference to the Revenue Officer or his nominee and the appeal against the order of the Revenue Officer or his nominee shall lie to the Deputy Commissioner.

Where this provision sits

ActThe Manipur Co-Operative Societies Act, 1976
Section125
JurisdictionState of Manipur
StatusIn force as published by the source

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