Dear Friends,
Kingdly help me with this problem:
'A' mortgaged his title for obtaining a loan from 'B' and the same was done by executing an mortgaged deed. But later 'A' claims that it was actually 'C' who took the loan, he merely deposit his title as collateral security for the loan. 'C' also admitted 'A' s claim by submitting written statement but 'C' was never a party to the mortgaged deed nor gave evidence to support his admission. What is the legal consequence of 'C' admission? If, both A and C are in secret understanding to cheat B.
