Cpc G. Surya Narayanan Mhc Advt: Quote provision for the situation:

[7/4, 19:03] Cpc G. Surya Narayanan Mhc Advt: Quote provision for the situation:

1. Co mortgagor redeeming mortgaged property Exercising right of subrogation entitled to add costs proportionate to their share of property
2. Provision applicable to simple mortgage applies to mortgage by deposit of title deeds
3. Rights and liabilities under anamalous mortgage shall be determined by mortgage deed or by local usage
4. Transaction creating security in immovable property not by mortgage by act of parties or by operation of law
5. Object in the section not applicable to charge of a trustee and no charge can be enforced against transferee for consideration and without notice of charge
   [7/5, 12:24] Cpc G. Surya Narayanan Mhc Advt: 1. Section 95 – 2003(2) Lw 48; 2004(12) scc 754
6. Section 96- 2011(5) scc 532; 2002(1) MLJ 561
7. Section 98- 1987(4) scc 223; 1982(2) MLJ 151
8. Section 100- 2000(245) ITR 628 Mad; 2004(7) scc 151
9. Section 100- Air 1971 SC 1201; 1999(96) comp cases 563 Mad
   [7/6, 23:16] Cpc G. Surya Narayanan Mhc Advt: Quote provision for the situation:
10. Mortgagee or transferee may purchase the right of mortgagor without causing the mortgage to be merged with any subsequent mortgagee and no subsequent mortgagee shall be entitled to foreclose or sell without redeeming prior mortgage
11. Service on agent or person duly authorised to accept notice is sufficient when person on whom notice is to be served does not reside in the district in which mortgaged property is situate
12. When a notice to be served is on a person incompetent to contract such notice may be served on legal curator or where no curator is available, such deposit may be made into court
13. Lease is transfer of right to enjoy such property in consideration of price paid or promised on specified occasion to the transferor by the transferee
14. A lease of agricultural or manufacturing purpose shall be from year to year terminable by six months notice and lease of immovable property for any other purpose shall be on month on month terminable by 15 days notice. Suit filed after prescribed period but notice period mentioned fall short does not invalidate notice