Under the Transfer of Property Act, 1882, besides the mortgagor, a suit for redemption of the mortgaged…
Redemption is available to more than the original mortgagor. Section 91 includes a person with the specified interest or charge, a surety for all or part of the mortgage…
Choose your answer
Under the Transfer of Property Act, 1882, besides the mortgagor, a suit for redemption of the mortgaged property can be instituted by:
I. any person (other than the mortgagee of the interest sought to be redeemed) who has any interest in, or charge upon, the property mortgaged or in or upon the right to redeem the same
II. any surety for the payment of the mortgage -debt or any part thereof
III. any creditor of the mortgagor who has in a suit for the administration of his estate obtained a decree for sale of the mortgaged property
Answer and explanation
Correct answer C
Redemption is available to more than the original mortgagor. Section 91 includes a person with the specified interest or charge, a surety for all or part of the mortgage debt, and a creditor who has obtained the stated sale decree in an administration suit. Each has a legally recognised stake in freeing the property from the mortgage, but a creditor without that decree does not qualify under clause (c) merely by being owed money. All three statements are correct.
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