Question

    When a person delivers to an agent of a creditor

    documents of title of an immovable property with intent to create a security, the transaction is known as ______
    A Charge Correct Answer Incorrect Answer
    B Not a mortgage Correct Answer Incorrect Answer
    C Anomalous mortgage Correct Answer Incorrect Answer
    D Mortgage by deposit of title deeds Correct Answer Incorrect Answer

    Solution

    As per section 58(f) of the TP Act, 1882 which discusses mortgage by deposition of title deeds.

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