Section 72 – Rights of Mortgagee in Possession – The Transfer of Property Act, 1882 Section 72: Rights of mortgagee in possession. – 1[A mortgagee] may spend such money as is necessary— 2[* * * * *] (b) for 3[the preservation…
Section 71 – Renewal of Mortgaged Lease – The Transfer of Property Act, 1882 Section 71: Renewal of mortgaged lease. – When the mortgaged property is as lease 1[***], and the mortgagor obtains a renewal of the lease, the mortgagee, in…
Section 70 – Accession to Mortgaged Property – The Transfer of Property Act, 1882 Section 70: Accession to mortgaged property. – If, after the date of a mortgage, any accession is made to the mortgaged property, the mortgagee, in the…
Section 69A – Appointment of Receiver – The Transfer of Property Act, 1882 1[Section 69A: Appointment of receiver. – (1) A mortgagee having the right to exercise a power of sale under section 69 shall, subject to the provisions of…
Section 69 – Power of Sale When Valid – The Transfer of Property Act, 1882 Section 69: Power of sale when valid. – 1[(1)] 2[3[***] a mortgagee, or any person acting on his behalf, shall, subject to the provisions of this section,…
Section 68 – Right to Sue for Mortgage-money – The Transfer of Property Act, 1882 1[Section 68: Right to sue for mortgage-money. 68. (1) The mortgagee has a right to sue for the mortgage money in the following cases and…
Section 67A – Mortgagee When Bound to Bring One Suit on Several Mortgages – The Transfer of Property Act, 1882 1[Section 67A: Mortgagee when bound to bring one suit on several mortgages. 67A. A mortgagee who holds two or more…
Section 67 – Right to Foreclosure or Sale – The Transfer of Property Act, 1882 Section 67: Right to foreclosure or sale. 67. In the absence of a contract to the contrary, the mortgagee has, at any time after the…
Section 66 – Waste by Mortgagor in Possession – The Transfer of Property Act, 1882 Section 66 Waste by mortgagor in possession. – A mortgagor in possession of the mortgaged property is not liable to the mortgagee for allowing the…
Section 65A – Mortgagor’s Power to Lease – The Transfer of Property Act, 1882 1[Section 65A: Mortgagor’s power to lease. – (1) Subject to the provisions of sub-section (2), a mortgagor, while lawfully in possession of the mortgaged property, shall…