Under the Transfer of Property Act, 1882, the mortgagee has a right to sue for the mortgage money in…
Both are expressly authorised cases under section 68(1): clause (c) covers loss of security caused by the mortgagor’s wrongful act or default, and clause (d) covers failure…
Choose your answer
Under the Transfer of Property Act, 1882, the mortgagee has a right to sue for the mortgage money in the following cases, namely:
Answer and explanation
Correct answer C
Both are expressly authorised cases under section 68(1): clause (c) covers loss of security caused by the mortgagor’s wrongful act or default, and clause (d) covers failure to deliver or secure possession to a mortgagee entitled to possession. They are separate statutory grounds for suing for mortgage money, not merely a general right available under every mortgage.
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