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Section 97: Mortgagor’s powers to lease

The Odisha Co-Operative Societies Act, 1962State Act of Odisha · Act 2 of 1963

(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 Sub-Section (1) shall be void.

Where this provision sits

ActThe Odisha Co-Operative Societies Act, 1962
Section97
Marginal noteMortgagor’s powers to lease
JurisdictionState of Odisha
StatusIn force as published by the source

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