Vidyalelo
Law · Q84

Transfer Of Property Act

Graduate and Post Graduate · Law · question 84

Q84

When the mortgagee or, if there are several mortgagees, all the mortgagees, acquire by purchase or inheritance or otherwise, a share of the equity of redemption, the mortgage is extinguished pro tanto, and they may recover the balance of the debt against the residue of the property. This was decided in case of:

A.
Arunachalam Chetty v. Ramaswamy, 1928 Mad WN 518
B.
Bisheshar Dial v. Ram Sarup, (1900) 22 All 284
Answer
C.
Narain Rao v. Mt. Chotebai, 1937 Nag 503
D.
None of the above

Answer: Option B

Solution

Answer: Option B
No explanation is given for this question Let's Discuss on Board