Question
The provisions of ______ mortgage shall apply to a
Mortgage by deposit of title deeds.Solution
Transfer of Property Act S. 96. Mortgage by deposit of title-deeds .—The provisions hereinbefore contained which apply to a simple mortgage shall, so far as may be, apply to a mortgage by deposit of title-deeds. The provisions of simple mortgage shall apply to a mortgage by deposit of title deeds (also known as equitable mortgage), as per Section 58(f) and Section 96 of the Transfer of Property Act, 1882. This means that, unless otherwise agreed, the rights, remedies, and procedures that apply to simple mortgages also apply to a mortgage by deposit of title deeds.
Market is a place of ______.
What percent of shareholding is under National Bank for Agriculture and Rural Development (NABARD) in Agriculture Insurance Company of India Limited?
In which type of insurance, schemes are offered by insurance companies to provide certain classes of individuals, the benefit of insurance coverage at m...
A policy that covers loss or damage to a householder's property is:
Which feature is not allowed in the Indian insurance market?Â
Reinsurance placed with a company not authorized in the reporting company’s state of domicile is called?
The amount charged by the insurer to provide the life cover to policy holder on the life of the life Insured is known as?
The portion of risk that a reinsurance company cedes or amount of insurance the company chooses not to retain is called?
What does the preamble of an insurance policy NOT typically include?
The 'Own Damage' cover in a motor insurance policy protects the insured against: