Question

  A mortgagee is entitled to appoint a receiver as per S._____ of the Transfer of Property Act?

A 69 Correct Answer Incorrect Answer
B 69A Correct Answer Incorrect Answer
C 68 Correct Answer Incorrect Answer
D No such provision in TP Act. Correct Answer Incorrect Answer

Solution

As per S.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 sub-section (2),be entitled to appoint, by writing signed by him or on his behalf, a receiver of the income of the mortgaged property or any part thereof.

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