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[Cites 0, Cited by 4] [Entire Act]

State of Jammu-Kashmir - Section

Section 67A in Transfer of Property Act, 1977

67A. [ Mortgagee when bound to bring one suit on several mortgages. [Section 67-A added and section 68 substituted ibid.]

- A mortgagee who holds two or more mortgages executed by the same mortgagor in respect of each of which he has a right to obtain the same kind of decree under section 67, and who sues to obtain such decree on any one of the mortgages, shall, in the absence of a contract to the contrary, be bound to sue on all the mortgages in respect of which the mortgage-money has become due.