Section 67A

Mortgagee when bound to bring one suit on several mortgages.

The Transfer of Property Act, 1882

  • Act 4 of 1882
  • Ministry of Law and Justice
  • Legislative Department
About this Act

An Act to amend the law relating to the Transfer of Property by act of Parties.

All sections
    1[67A. Mortgagee when bound to bring one suit on several inortgages.-- A mortgagee who holds two or more mortgages executed by the same mortgagor in respect of each of which he has a right to obtain the same kind of decree under section 67, and who sues to obtain such decree on any one of the mortgages, shall, in the absence of a contract to the contrary, be bound to sue on all the mortgages in respect of which the mortgage-money has become due.]

Notes

1. Ins. by s. 32, ibid.

Source: India Code (Legislative Department, Govt. of India). Check the official Gazette before relying on it in court. Not legal advice. Free legal aid: 15100 (NALSA) · Know your rights

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