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Section 67A – Transfer of Property Act 1882

Transfer of Property Act 1882

 

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

 

1[67A. Mortgagee when bound to bring one suit on several mortgages.—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.]

 

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1. Ins. by Act 20 of 1929, sec. 32.

 

 

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Transfer of Property Act 1882

 

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