When may a mortgagor deposit the outstanding mortgage money in the court competent to hear a suit for…
Section 83 opens the deposit window after the principal becomes due and closes it when a suit for redemption is barred. The deposit is made to the mortgagee’s account in a…
Choose your answer
When may a mortgagor deposit the outstanding mortgage money in the court competent to hear a suit for redemption under section 83 of the Transfer of Property Act, 1882?
Answer and explanation
Correct answer C
Section 83 opens the deposit window after the principal becomes due and closes it when a suit for redemption is barred. The deposit is made to the mortgagee’s account in a court competent to hear that suit.
Option feedback
Option A
The principal must already have become due.
Option B
A barred redemption suit is outside the deposit window.
Option C
Both statutory timing conditions are met.
Option D
A bar on the redemption suit closes the deposit window.
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