Transfer of Property Act, 1882
Section - 68 - Right to sue for mortgage-money
Right to sue for mortgage-money
68. (1) The mortgagee has a right to sue for the mortgage-money in the following cases and no others, namely:-
| (a) | - | where the mortgagor binds himself to repay the same; |
| (b) | - | where, by any cause other than the wrongful act or default of the mortgagor or mortgagee, the mortgaged property is wholly or partially destroyed or the security is rendered insufficient within the meaning of section 66, and the mortgagee has given the mortgagor a reasonable opportunity of providing further security enough to render the whole security sufficient, and the mortgagor has failed to do so; |
| (c) | - | where the mortgagee is deprived of the whole or part of his security by or in consequence of the wrongful act or default of the mortgagor; |
| (d) | - | where, the mortgagee being entitled to possession of the mortgaged property, the mort .... To read the full section download the app from Google Play store
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