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State of Odisha - Section

Section 97 in The Orissa Co-operative Societies Act, 1962

97. Mortgagor's power to lease.

(1)Notwithstanding anything contained in the Transfer of Property Act, 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 Sub-Section (1) shall be void.