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Law · Q674

Transfer Of Property Act

Graduate and Post Graduate · Law · question 674

Q674

Within the meaning of section 69A of the Transfer of Property Act, 1882 a mortgagee having the right to exercise a power of sale under section 69, shall subject to the provisions of sub-section (2) be entitled to appoint a receiver. The statement:

A.
Is correct
Answer
B.
Is not correct
C.
Is ambiguous
D.
Based on the provision of section 70

Answer: Option A

Solution

Answer: Option A
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