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State Bank Of Mysore vs M/S. S.M. Essence Distilleries Pvt. ... on 21 April, 1993

27.In this connection, it is not out of place for this Court to make a pertinent mention that an Equitable Mortgage of a property which lies outside the territories of Notified Towns, can be validly created by delivering the documents of title to a 'Creditor' or his 'Agent' in a Notified Town, vide State Bank of Mysore V. S.M. Essence Distilleries Private Limited, AIR 1993 Karnataka 359.
Karnataka High Court Cites 15 - Cited by 4 - R V Raveendran - Full Document

State Of Haryana & Ors vs Navir Singh & Anr on 7 October, 2013

18 In State of Haryana and others Vs. Narvir Singh and another (2014) 1 SCC 105, the Supreme Court, while examining the question as to whether mortgage by deposit of title deeds is required to be done by an instrument at all, observed that In our opinion, it may be effected in a specified town by the debtor delivering to his creditor documents of title to immovable property with the intent to create a security thereon. No instrument is required to be drawn for this purpose. 19 The contention of the learned counsel for the petitioner that the stay of the confirmation of sale would not come to an end unless the same is specifically vacated by the Court is noted to be rejected. The stay order remains in operation during the pendency of the petition. Once the petition, whereunder interim stay was granted, is dismissed, no interim order survives. The dismissal may be on any ground, whether for want of prosecution or on merit.
Supreme Court of India Cites 13 - Cited by 17 - C K Prasad - Full Document
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