pewns.com |

  • Power of sale when valid


    : Power of sale when valid

    -

  • About :: 4[(1)] 5[6*** 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 any part thereof, in default of payment of the mortgage-money, without the inte vention of the Court, in the following cases and in no others, namely:?] 1. Subs. by Act 20 of 1929, s. 31, for clause (a). 2. Ins. by s. 32, ibid. 3. Subs. by s. 33, ibid., for section 68. 4. Section 69 numbered as sub-section (1) of that section by Act 20 of 1929, s. 34. 5. Subs. by s. 34, ibid., for certain words. 6. The words Notwithstanding anything contained in the Trustees? and Mortagees? Powers act, 1899 (28 of 1866) omitted by Act 48 of 1952, s. 3 and the Second Schedule. 29 (a) where the mortgage is an English mortgage, and neither the mortgagor nor the mortgagee is a Hindu, Muhammad an or Buddhist 1[or a member of any other race, sect, tribe or class from time to time specified i