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[Cites 0, Cited by 0] [Section 95] [Entire Act]

State of Andhra Pradesh - Subsection

Section 95(a) in Andhra Pradesh Co-Operative Societies Act, 1964

(a)all money due under the mortgage shall, in the absence of any specific direction to the contrary issued by the Board or/Trustee and communicated to the mortgagor, be payable to the [Financing Bank/Primary Agricultural Co-operative Society] [Substituted by Andhra Pradesh Act No. 1 1987.] and such payment shall be as valid as if the mortgage has not been so transferred ; and