LLB Varun

Parties to suits for foreclosure, sale and redemption. Rep. by the Code of Civil Procedure, 1908 (5 of 1908), s. 156 and V Schedule.

Decree of foreclosure suit. Rep. by the Code of Civil Procedure, 1908 (5 of 1908), s. 156 and V Schedule.

Procedure in case of payment of amount due. Rep. by s. 156 and the fifth Schedule, ibid.

Decree of sale. Rep. by s. 156 and V Schedule, ibid.

Procedure when defendant pay amount due. Rep. by s. 156 and V Schedule, ibid.

Recovery of balance due on mortgage. Rep. by s. 156 and V Schedule, ibid.

Persons who may sue for redemption.— Besides the mortgagor, any of the following persons may redeem, or institute a suit for redemption of, the mortgaged property, namely:— (a) any person (other than the mortgagee of… Section 91 of Transfer of Property Act

Subrogation.— Any of the persons referred to in section 91 (other than the mortgagor) and any co-mortgagor shall, on redeeming property subject to the mortgage, have, so far as regards redemption, foreclosure or sale of… Section 92 of Transfer of Property Act

Prohibition of tacking.— No mortgagee paying off a prior mortgage, whether with or without notice of an intermediate mortgage, shall thereby acquire any priority in respect of his original security; and, except in the case… Section 93 of Transfer of Property Act