State Act

95

Section 95. Mortgagor’s powers to lease.

THE PUDUCHERRY CO-OPERATIVE SOCIETIES ACT, 1972

Act no. 7 of 19731973In forcePuducherry (State Act)

95. Mortgagor’s powers to lease.- Notwithstanding any thing contained in the Transfer of Property Act, 1882 (Central Act 4 of 1882), or any other law for the time being in force the duration of any lease executed by a mortgagor of property mortgaged shall in no case exceed five years.