Which of the following statements hold true regarding receiver under the provisions of the Transfer of Property Act, 1882?
A. A person paying money to the receiver must make sure that the appointment of receiver is valid
B. The receiver can use the insurance money received, subject to other provisions of the Transfer of Property Act, 1882, for the payment of interest falling due under the mortgage, if so directed in writing by the mortgagee
C. The receiver can use the insurance money received, subject to other provisions of the Transfer of Property Act, 1882, for the payment of principle money, if so directed in writing by the mortgagee
D. None of these
Answer: Option C
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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