New RBI Grade B 2025 Notification will come Soon! Enroll Here

    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.

    Practice Next

    Relevant for Exams: