Sale of the property under registered mortgage


 

Note that in Bangladesh, section 53(D) of the Transfer of Property Act, 1882 deals with the issue as to the sale of the property under registered mortgage and which runs as follows:

 

“No immovable property under registered mortgage shall be re-mortgaged or sold without the written consent of the mortgagee, and any re-mortgage or sale made otherwise shall be void”

 

Please informed me as to whether there subsists any similer provision currently inforced in India.

 
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Advocate Chennai. Formerly Civil Judge. Mobile.09444261613

No similar provsion is available.
 

 
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Advocate

No similar provision is availble  india. But  second mrotgage called puisniy  mortgage. .  After redemption of first matorgage the second mortgage come to operation.  

 
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