The provision regarding the doctrine of 'Substituted Security' is contained under which of the…
The doctrine of substituted security is contained in "Section 73" of the Transfer of Property Act, which gives the mortgagee a right to the proceeds of a revenue sale or to…
Choose your answer
The provision regarding the doctrine of 'Substituted Security' is contained under which of the following sections of the Transfer of Property Act?
Answer and explanation
Correct answer C
The doctrine of substituted security is contained in "Section 73" of the Transfer of Property Act, which gives the mortgagee a right to the proceeds of a revenue sale or to compensation on acquisition of the mortgaged property.
Practice for these exams
-
All India Bar Examination (AIBE)
Subject revision
See pack details on LawMint.net -
IIT Kharagpur LL.M. Entrance
Subject revision
See pack details on LawMint.net -
Bihar Judicial Services
-
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Uttarakhand Judicial Services
Subject revision