Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

srinivas (shop owner)     16 July 2012

Money lending on title deeds and promissory notes

 

The borrower took the loan by securing the loan with wife's and father's property title deeds with their consent (but no written agreement with wife and father )  and failed to repay the loan. He also gave the promissory notes.

1.  can this be treated as equitable mortgage?

2.  In money recovery suit, do we get the attachment on these properties?



Learning

 0 Replies


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register