Section 92 of U.P. Revenue Code - Mortgage of land by bhumidhar with nontransferable rights

Description

Subject to the provisions of this Code, the interest of a bhumidhar with non-transferable rights in any holding or its part may be, -
(a) transferred by mortgage without possession as security for a loan taken or to be taken from the State Government or a bank or a co-operative society or the U.P. State Agro Industrial Corporation Ltd. or any other financial institution owned and controlled by such Government;
(b) sold in execution of a decree of any Court regarding the matter referred to in clause (a) or in proceedings for collection of land revenue under Chapter XII.

Click here to read more from the UP Revenue Code