State Act
25
Section 25. Provisions of section 24 not to apply to certain transfers and transferees.
The Maharashtra Agricultural Debtors Relief Act.
Act no. 28 of 19471947In forceMaharashtra (State Act)
25. Provisions of section 24 not to apply to certain transfers and transferees.— Nothing in section 24 shall apply to— (i) Any transfer which has been 1[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other than a mortgage by a decree of a court of competent jurisdiction or by a Board established under section 4 of the repealed Act; and (ii) any bona fide transferee for value without notice of the real nature of such transfer or his representative where such transferee or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 15th day of February 1939.