State Act
70
Section 70. Avoidance of voluntary trusts.
THE KARNATAKA EDUCATION ACT, 1983
Act no. 1 of 19951995In forceKarnataka (State Act)
70. Avoidance of voluntary trusts.- Any transfer of property, movable or immovable, or any delivery of goods made by or on behalf of the educational institution (not being a transfer or delivery made in the ordinary course of transaction or in favour of a purchaser for valuable consideration and in good faith), if made within a period of one year immediately preceding the date aforesaid, shall be void as against the Government or the special officer, as the case may be.