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Section 67A: Mortgagee when bound to bring one suit on several mortgages.

The Transfer of Property Act, 1882Central Act · Act 4 of 1882

[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.]

Where this provision sits

ActThe Transfer of Property Act, 1882
Section67A
Marginal noteMortgagee when bound to bring one suit on several mortgages.
JurisdictionCentral
StatusIn force as published by the source
Judgments citing it3

How this provision has been amended

Taken from the footnotes printed with the provision by the source. Where a footnote names the amending instrument, it is quoted as printed.

  • inserted. . Ins. by s. 32, ibid.

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