Which of the following is a remedy by suit available to a mortgagee under Section 67 of the Transfer of…
Section 67 of the Transfer of Property Act entitles a mortgagee to sue "for foreclosure" or for sale of the mortgaged property; a suit "for redemption" is the mortgagor's…
Choose your answer
Which of the following is a remedy by suit available to a mortgagee under Section 67 of the Transfer of Property Act?
Answer and explanation
Correct answer A
Section 67 of the Transfer of Property Act entitles a mortgagee to sue "for foreclosure" or for sale of the mortgaged property; a suit "for redemption" is the mortgagor's remedy under Section 60, and a receiver is appointed under Section 69A, not by a suit under Section 67.
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 -
CLAT PG
Subject revision for a passage-based exam
-
CUET PG Law (LL.M.)
Subject revision
-
AILET PG
Subject revision
-
Bihar Judicial Services
Subject revision
-
Uttarakhand Judicial Services
Subject revision