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[Cites 0, Cited by 0] [Section 155] [Entire Act]

State of Telangana - Subsection

Section 155(2) in Greater Hyderabad Municipal Corporation Act, 1955

(2)The Corporation may, also with the previous sanction of the Government and subject to the provisions of this Act, mortgage any lands or property vesting or revesting or belonging to the Corporation in security of the payment of the amount of such creditor of the sums advanced from time to time on such cash account with interest thereon.