Jammu and Kashmir · Act 10 of 1989

Section 106 — Mortgager’s powers to lease.

THE JAMMU AND KASHMIR CO-OPERATIVE SOCIETIES ACT, 1989

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STATUTORY TEXT
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(1) Notwithstanding anything contained in 1[the Transfer of Property Act, 1882 (4 of 1882)], or any other law for the time being in force, a mortgagor shall not grant a lease of the mortgaged property for a period exceeding five years.

(2) Any lease granted in contravention of the provisions of sub-section (1) shall be void.

Source footnotes

1. Substituted for “the Transfer of Property Act, Samvat 1977” by S.O. 3466 (E) dated 05.10.2020.

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Next · Section 107Registration of documents executed on behalf of an Agriculture and Rural Development Bank or of the State Agriculture and Rural Development Bank. →All sections / सभी धाराएँTHE JAMMU AND KASHMIR CO-OPERATIVE SOCIETIES ACT, 1989 →
More sections of this actSection 1 · Short title, extent and commencement.Section 2 · Definitions.Section 3 · The Registrar.Section 4 · Societies which may be registered.Section 5 · Application for registration of Co-operative Societies.Section 6 · Registration.Section 7 · Registration certificate.Section 8 · Registration with limited or unlimited liability.
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India Code, Government of India. Text fetched 11 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.

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Section 106 — Mortgager’s powers to lease. | THE JAMMU AND KASHMIR CO-OPERATIVE SOCIETIES ACT, 1989 | NYAYA SIGNAL

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