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Section 22: Mortgage executed by managers of joint Hindu families

The Uttar Pradesh Agricultural Credit Act, 1973State Act of Uttar Pradesh · Act 19 of 1973

(1) notwithstanding anything contained in any law for the time being in force, a mortgage or charge created after the commencement of this Act by the Karta of a joint Hindu family in favour of a bank for securing financial assistance shall be binding on every member of such joint Hindu family.

(2) Where a mortgage or charge created in favour of a bank is called in question on the ground that it was created by the manager of a joint Hindu family for a purpose which was not an agricultural purpose or on any other ground, the burden of proving the same shall lie on the party alleging it.

Where this provision sits

ActThe Uttar Pradesh Agricultural Credit Act, 1973
Section22
Marginal noteMortgage executed by managers of joint Hindu families
JurisdictionState of Uttar Pradesh
StatusIn force as published by the source

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