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According to Indian law, the mortgagor is the owner who had parted with some rights of ownership. Which of the following is the right that the mortgagor exercises by virtue of his ownership?
According to Indian law, the mortgagor is the owner who had parted with some rights of ownership. Which of the following is the right that the mortgagor exercises by virtue of his ownership?
- Pecuniary ownership
- Residuary ownership (correct)
- Conditional ownership
- None of the above
When the mortgagor's right to redeem accrues, what right does the mortgagee have to enforce?
When the mortgagor's right to redeem accrues, what right does the mortgagee have to enforce?
- His security (correct)
- His interest
- Only (b) is correct
- None of the above
The doctrine of a clog on the equity of redemption is a rule of justice, equity, and good conscience. Which case reaffirmed this doctrine?
The doctrine of a clog on the equity of redemption is a rule of justice, equity, and good conscience. Which case reaffirmed this doctrine?
- Apte v. Price, AIR 1962 AP 274
- Kandula Kenkiah v. Donga Pallaya, (1920) 43 Mad 589
- Murarilal v. Dev Karan, AIR 1965 SC 225 (correct)
- None of the above
According to Indian law, a condition converting a mortgage into a sale is considered invalid as a clog on the equity of redemption. In which case was this affirmed?
According to Indian law, a condition converting a mortgage into a sale is considered invalid as a clog on the equity of redemption. In which case was this affirmed?
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Which of the following options correctly defines the mortgagor in Indian law?
Which of the following options correctly defines the mortgagor in Indian law?
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