[6/24, 08:32] Cpc G. Surya Narayanan Mhc Advt: Quote provision for the situation:

[6/24, 08:32] Cpc G. Surya Narayanan Mhc Advt: Quote provision for the situation:

  1. Mortgagor in possession of property is not liable to mortgagee for allowing property to deteriorate, but should avoid acts which is destructive or permanently injurious so as to render security insufficient
  2. Mortgagee has when mortgage money becomes due or before decree for foreclosure, a right to redeem mortgaged property
  3. Mortgagee by conditional sale is not authorised under this section to institute suit for foreclosure or usufructory mortgagee to institute suit for sale
  4. Section 67 does not permit Mortgagee having interest in part only to institute a suit for corresponding part of mortgaged property, unless mortgagee with the consent of mortgagor served interest under mortgage
  5. Mortgagee holding two or more mortgages by the same mortgagor , is bound to sue on all mortgages in respect to mortgage money that has become due
    [6/24, 12:32] Cpc G. Surya Narayanan Mhc Advt: 1. Section 66- Air 1952 SC 401; Air 1977 SC 774
  6. Section 67- 1993 Supp(2) SC 201; Air 1965 Mad 537
  7. Section 67(a)-1889 ILR 12 Mad 109; Air 1952 Mad 856
  8. Section 67(d)- Air 1942 Mad 205; Air 1928 Mad 933
  9. Section 67-A-manu/tn/7172/2018; 2015(10) scc 700

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