Multiple Choice Questions on The rights of a mesne 39 puisne 39 mortgagee well summed up in the maxim 39 Redeem up foreclose down........... for Rajasthan Judicial Services (RJS) Preparation

Mortgage

Transfer of Property Act

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    The rights of a mesne ('puisne') mortgagee well summed up in the maxim 'Redeem up, foreclose down' are laid down in which section of the T P Act 

    Sec 93

    Incorrect Answer

    Sec 94

    Correct Answer

    Sec. 95.

    Incorrect Answer

    Sec 96 

    Incorrect Answer
    Explanation:

    Sec 94

    According to section 94. Rights of mesne mortgagee

    Where a property is mortgaged for successive debts to successive mortgagees, a mesne mortgagee has the same rights against mortgagees posterior to himself as he has against the mortgagor.

     

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