State Act
20
Section 20. Mortgage not to questioned on insolvency of mortgagor
THE UTTAR PRADESH SAHAKARI GRM VIKAS BANK ACT, 1964
Act no. 16 of 19641964In forceUttarakhand (State Act)
20. Notwithstanding anything contained in any law relating to insolvency, a mortgage executed in favour of a [Gram Vikas Bank]2 shall not be called in question on the ground that it was not executed in good faith for valuable consideration or on the ground that it was executed in order to give the [Gram Vikas Bank]2 a preference, over other creditors of the mortgagor.