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Nahala vs Adish on 7 January, 2019

7. The counsel for the petitioner further pointed out that in Nahala v. Adish and others [ILR 2019 (1) KER 264], this Court has held that Section 36A of the Kerala Co- operative Societies Act, 1969 creates special charge on movable or immovable property of the borrower, in favour of the Society, on the borrower executing Gehan, which has all the characteristic features of a mortgage under the provisions of the Transfer of Property Act. When Section 36A provides for a special charge, it is obvious that a charge created by a decree cannot prevail over Gehan / mortgage.
Kerala High Court Cites 5 - Cited by 0 - T V Anilkumar - Full Document
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