Question
The mortgagor ostensibly sells the mortgaged property
in-Solution
Transfer of Property Act Section 58. āMortgageā, āmortgagorā, āmortgageeā, āmortgage-moneyā and āmortgage-deedā DefinedĀ (c) Mortgage by conditional sale.ā Where the mortgagor ostensibly sells the mortgaged propertyā on condition that on default of payment of the mortgage-money on a certain date the sale shall become absolute, or on condition that on such payment being made the sale shall become void, or on condition that on such payment being made the buyer shall transfer the property to the seller, the transaction is called a mortgage by conditional sale and the mortgagee a mortgagee by conditional sale: [Provided that no such transaction shall be deemed to be a mortgage, unless the condition is embodied in the document which effects or purports to effect the sale.
What is the primary focus of the ASPIRE scheme of the Ministry of Micro, Small & Medium Enterprises, Government of India?
Which organization is in talks with the Ministry of Electronics and Information Technology (MeitY) to develop an 'AI Audit Tool'?
Which bank saw a 35.3% increase in net profit to ā¹16,174.75 crore in Q1 FY25?
Which state government recently launched the āMukhya Mantri Kisan Samman Nidhiā Scheme to provide eligible farmers Rs 2000 per year for purchasing f...
As per Economic Survey 2023-24, which village in Leh received its first tap water connection under the Jal Jeevan Mission in July 2022?Ā Ā
Consider the following statements concerning the environmental impact of digital content consumption:
A) Digital activities contribute signific...
The PM Mudra Yojana was launched with the primary objective of funding which segment of the Indian economy?
The Government of India recently hosted the "Global IndiaAI Summit" in New Delhi. Which ministry organized this summit?
Who has assumed the presidency of the Financial Action Task Force (FATF) for the term 2024-2026?
Match the following initiatives with their key features under the UPāWorld Bank partnership:
Relevant for Exams:
