This maxim was applied in the case of- Mritunjoy Pani And Another vs Narmanda Bala Sasmal And Another on 14 March, 1961- The position, in our opinion, is very clear and in the absence of any special statutory provision to the contrary is governed by s. 90, Trusts Act. The defendant is a mortgagee and, apart from special statutes, the only way in which a mortgage can be terminated as between the parties to it is by the act of the parties themselves, by merger or by an order of the Court. The maxim "once a mortgage always a mortgage" applies. Therefore, when the defendant entered upon possession he was there as a mortgagee and being a mortgagee the plaintiffs have a right to redeem unless there is either a contract between the parties or a merger or a special statute to debar them."
Which movie won the Critics Choice Awards 2023 for Best Foreign Language Film?
Airtel Payments Bank in collaboration with Noise and Mastercard launched a smartwatch aimed at enhancing digital banking experiences. What is the maximu...
How many beaches in India are currently in the coveted list of Blue Beaches?
What is the 'Bhobishyot' credit card scheme?
Under the Expense of Management Rules 2023 introduced by Insurance Regulatory and Development Authority of India, general insurance companies can work w...
India extended what amount of credits to Maldives to overcome the financial crisis?
Slice, a financial technology company will merge with which small finance bank after getting approval from the Reserve Bank of India (RBI) in order to h...
According to the list released by UK-based Brand Finance,which telecom brand is ranked as the most valuable brand globally?
Which notable Indian cricketer became the fourth Indian batter to reach 9,000 Test runs?
ICMR has recently signed a MoU with which IIT for medical technology development?