The Mortgagee has a right to sue for the mortgage money in the following cases namely
Section 68(1)(c) and Section 68(1)(d) of the Transfer of Property Act both give the mortgagee a right to sue for the mortgage money, where he is deprived of his security by…
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The Mortgagee has a right to sue for the mortgage money in the following cases namely
Answer and explanation
Correct answer C
Section 68(1)(c) and Section 68(1)(d) of the Transfer of Property Act both give the mortgagee a right to sue for the mortgage money, where he is deprived of his security by the mortgagor's wrongful act or default and where he is not given or secured the possession to which he is entitled, so the answer is "Both Section 68(1)(c) where the mortgagee is deprived of the whole or part of his security by or in consequence of the wrongful act or default of the mortgagor and Section 68(1)(d) where, the mortgagee being entitled to possession of the mortgaged property, the mortgagor fails to deliver the same to him or to secure the possession thereof to him without disturbance by the mortgagor or any person claiming under a title superior to that of the mortgagor".
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