State Act
36
Section 36. Provisions of section 35 not to apply to certain transfers and transferees.
The Maharashtra Debt Relief Act, 1975
Act no. 3 of 19761976In forceMaharashtra (State Act)
36. Provisions of section 35 not to apply to certain transfers and transferees.— Nothing in section 35 shall apply to,— (a) any transfer which has been finally adjudged to be a transfer other than a mortgage by a decree of a Court, tribunal or other authority of competent jurisdiction; and (b) any bona-fide transferee for value without notice of the real nature of such transfer his representative, where such transferee or representative holds under a registered deed executed before the date of commencement of this Chapter.