When a mortgagee acquires a portion of equity of redemption, the mortgage is not extinguished completely. There can be only a pro tanto extinguishment of the mortgage right to the extent of the mortgagee acquiring the mortgagor's interest and so far as the other sharer of the equity of redemption is concerned, the mortgagee will subsist. This was held in case of:
A. Satyapal v. Rakayyabai, AIR 1993 Bom 203
B. Madhavan v. Madhavan, AIR 1994 Ker 75
C. Tamboli Ramanlal Motilal v. Gharchi Chimanlal Keshavlal, AIR 1992 SC 1236
D. Hathika v. Puthiyapurayil Padmanathan, AIR 1994 Ker 141
Answer: Option B
This Question Belongs to Law >> Transfer Of Property Act
A. Section 13
B. Section 14
C. Section 15
D. Section 16
Case of "Raj Kumar Kundu v. Mcqueen" is related to
A. Lis pendens
B. Part performance
C. Mortgage
D. Ostensible owner
A. Transfer by ostensible owner of the property for consideration
B. Transfer by owner of the property in which a widowhas life interest for maintenance
C. Both A and B
D. Neither A nor B
Which property cannot be transferred?
A. A public office
B. A mere chance to succeed
C. A mere right of re-entry
D. All of the above
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