Section 60 of the Transfer of Property Act, 1882, does not refer to the extinction of the equity of…
The statement is true as a description of Section 60's wording. Its proviso refers to the right of redemption being extinguished by an act of the parties or by a court…
Choose your answer
Section 60 of the Transfer of Property Act, 1882, does not refer to the extinction of the equity of redemption by operation of law. The statement is:
Answer and explanation
Correct answer C
The statement is true as a description of Section 60's wording. Its proviso refers to the right of redemption being extinguished by an act of the parties or by a court decree. It does not mention extinction by operation of law; that omission should not be confused with a claim that other applicable laws can never affect the right.
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