Under the Transfer of Property Act, 1882, who among the following persons may not redeem the mortgaged…
Section 91 of the Transfer of Property Act, 1882 enumerates the persons who, besides the mortgagor, may redeem or institute a suit for redemption of the mortgaged property:…
Choose your answer
Under the Transfer of Property Act, 1882, who among the following persons may not redeem the mortgaged property?
Answer and explanation
Correct answer D
Section 91 of the Transfer of Property Act, 1882 enumerates the persons who, besides the mortgagor, may redeem or institute a suit for redemption of the mortgaged property: (a) 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; (b) any surety for the payment of the mortgage-debt or any part thereof; and (c) 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. An advocate or counsel pleading the case against the mortgagee holds no proprietary interest or statutory standing under Section 91 to redeem the property.
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