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In the context of the Transfer of Property Act, 1882, a mortgage by deposit of title deeds is called:

Mortgage by deposit of title deeds under section 58(f) is conventionally called an equitable mortgage in Indian decisions. The statutory transaction requires delivery of…

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In the context of the Transfer of Property Act, 1882, a mortgage by deposit of title deeds is called:

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Mortgage by deposit of title deeds under section 58(f) is conventionally called an equitable mortgage in Indian decisions. The statutory transaction requires delivery of title documents in an authorised town with intention to create security; it is not an English, usufructuary or anomalous mortgage. The conventional label does not mean that it lacks the legal effect of a statutory mortgage.

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