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[Cites 0, Cited by 0] [Section 100] [Entire Act]

State of Jammu-Kashmir - Subsection

Section 100(1) in Jammu and Kashmir Co-Operative Societies Act, 1989

(1)Notwithstanding anything contained in the Transfer of Property Act, Samvat 1977, and where a power of sale without the intervention of the court is expressly conferred on the Agriculture and Rural Development Bank by the mortgage deed and the committee of such Bank or any person authorised by such committee in this behalf shall, in case of default of payment of the mortgage money or any part thereof, have power, in addition to any other remedy available to the Bank, to bring the mortgaged property to sale without the intervention of the Court.