ЁЯУв Too many exams? DonтАЩt know which one suits you best? Book Your Free Expert ЁЯСЙ call Now!


    Question

    1.┬а┬а┬а When a person delivers to an agent of a

    creditor documents of title of an immovable property with intent to create a security, the transaction is:
    A Mortgage by deposit of title deeds Correct Answer Incorrect Answer
    B Anomalous mortgage Correct Answer Incorrect Answer
    C Not a mortgage Correct Answer Incorrect Answer
    D Mortgage by conditional sale Correct Answer Incorrect Answer

    Solution

    as per s.58(f) of the TP Act, 1882 which discusses mortgage by deposition of title deeds.

    Practice Next
    More Banking Related Laws Questions
    ask-question