Transfer of Property Act 1882
64. Renewal of mortgaged lease.—
Where the mortgaged property is a lease 1[***], and the mortgagee obtains a renewal of the lease, the mortgagor, upon redemption, shall, in the absence of a contract by him to the contrary, have the benefit of the new lease.
1. The words “for a term of years” omitted by Act 20 of 1929, sec. 28.