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.
A short-term government security paper is called ______?
Which country's stock exchange is indexed by 'Bovespa'?
Which one of the following is the most appropriate measure of countryās economic Growth?
The Marginal cost of production of a commodity is
Consider the following statements about Cess:
I) Cess is not a permanent source of revenue for the government.
II) Cess can be imposed on ...
Who has been appointed as the new Vice Chief of the Indian Air Force?
What does 'SLR' stand for in economic terms?
What is the main objective of the SHRESHTA Scheme?
The FAME India scheme is associated with which sector?
In which of the following countries, scientists have discovered the remains of āWilsonās little Penguinā?
Relevant for Exams:
