Section 69 of Transfer of Property Act
Power of sale when valid.— (1) A mortgagee, or any person acting on his behalf, shall, subject to the provisions of this section, have power to sell or, concur in selling the mortgaged property, or…
Section 70 of Transfer of Property Act
Accession to mortgaged property.— If, after the date of a mortgage, any accession is made to the mortgaged property, the mortgagee, in the absence of a contract to the contrary, shall, for the purposes of…
Section 71 of Transfer of Property Act
Renewal of mortgaged lease.— When the mortgaged property is a lease, and the mortgagor obtains a renewal of the lease, the mortgagee, in the absence of a contract to the contrary, shall, for the purposes…
Section 72 of Transfer of Property Act
Rights of mortgagee in possession.— A mortgagee may spend such money as is necessary— (a) Clause (a) omitted by s. 37, ibid.(b) for the preservation of the mortgaged property from destruction, forfeiture or sale;(c) for…
Section 1 of Indian Contract Act
Short title.— This Act may be called the Indian Contract Act, 1872. Extent, Commencement.— It extends to the whole of India; and it shall come into force on the first day of September, 1872. Saving—…
Section 2 of Indian Contract Act
Interpretation-clause.— In this Act the following words and expressions are used in the following senses, unless a contrary intention appears from the context:— (a) When one person signifies to another his willingness to do or…
Section 3 of Indian Contract Act
Communication, acceptance and revocation of proposals.— The communication of proposals, the acceptance of proposals, and the revocation of proposals and acceptances, respectively, are deemed to be made by any act or omission of the party…
Section 4 of Indian Contract Act
Communication when complete.— The communication of a proposal is complete when it comes to the knowledge of the person to whom it is made. The communication of an acceptance is complete,— The communication of a…
Section 5 of Indian Contract Act
Revocation of proposals and acceptances.— A proposal may be revoked at any time before the communication of its acceptance is complete as against the proposer, but not afterwards. An acceptance may be revoked at any…