Start learning 50% faster. Sign in now
As per S. 68 of the Transfer of Property Act, 1882- S.68. Right to sue for mortgage-money.—( 1) The mortgagee has a right to sue for the mortgagemoney in the following cases and no others, namely:— (a) where the mortgagor binds himself to repay the same; (b) where, by any cause other than the wrongful act or default of the mortgagor or mortgagee, the mortgaged property is wholly or partially destroyed or the security is rendered insufficient within the meaning of section 66, and the mortgagee has given the mortgagor a reasonable opportunity of providing further security enough to render the whole security sufficient, and the mortgagor has failed to do so; (c) where the mortgagee is deprived of the whole or part of his security by or in consequence of the wrongful act or default of the mortgagor; (d) where, the mortgagee being entitled to possession of the mortgaged property, the mortgagor fails to deliver the same to him, or to secure the possession thereof to him without disturbance by the mortgagor or any person claiming under a title superior to that of the mortgagor: Provided that, in the case referred to in clause (a), a transferee from the mortgagor or from his legal representative shall not be liable to be sued for, the mortgage-money. (2) Where a suit is brought under clause (a) or clause (b) of sub-section (1), the Court may, at its discretion, stay the suit and all proceedings therein, notwithstanding any contract to the contrary, until the mortgagee has exhausted all his available remedies against the mortgaged property or what remains of it, unless the mortgagee abandons his security and, if necessary, re-transfers the mortgaged property.
Ultrasonic pulse echo technique, a non-destructive ultrasonic testing, is employed for any possible flaw detection in a metallic bar of thickness 30 cm...
Which of the following is not an insulator?
When a forward bias is applied to a p-n junction, it
When an electric current flows, electrons move from:
Which of the following is NOT a conductor of electricity?
Which law explains why it is difficult to hammer a nail into a freely suspended wooden frame?
A plane electromagnetic wave travels in vacuum along the z-direction. If the frequency of the wave is 20 MHz, what is its wavelength?
The Mohs scale is used to measure:
What is found in frequency modulation?
Which of the following is not a recognized type of inertia?