amount so lent would be deducted from their salary and
(b) equitable mortgage of the proposed land to be executed. Based on these
conditions ... alleged that
there was no transfer of land, hence, no equitable mortgage was created,
putting the bank to a loss
deeds
8
deposited by defendant 2 as security by way of
equitable mortgage in favour of the plantiff-bank
in respect of Bank Guarantee ... concerned with the Bank Guarantees.
They denied that they had created equitable mortgage in
respect of their properties in favour of the plaintiff-bank.
They
together with interest based on seven promissory notes and a equitable mortgage allegedly created in respect of the properties described in the plaint schedules ... repayment of the said loan with the intention of creating an equitable mortgage over their properties, for the repayment of the amount due under
defendant, Jayalakshmi Ammal's three sons have created equitable mortgage over the suit property depositing the original title deeds on 11.10.1994. Purushothaman and Ethirajulu ... loan. Thereafter, they did not hear anything. So, by fraud, the equitable mortgage seems to have been created. It will not bind the plaintiffs
Accused P P Arora accepted collateral security in the shape of
equitable mortgage of property No.519, Krishna Gali, Katra Neel,
Chandni Chowk, Delhi without ... offence by
accepting certified copy of the title deed for creating equitable
mortgage in favour of bank because original sale deed was lost and
Saroj
Copy of the Memorandum and for the creation of
equitable mortgage, copy of letter confirming deposit of title deeds by Shri Kalyan
Tiwari, copy ... been further stated that thus, the defendant no.2 created an
equitable mortgage of his leasehold property bearing flat no. 78 B pocket IV, Mayur
flat to purchase the suit property. Respondent
No.1 created an equitable mortgage of the suit property for securing a
cash-credit facility in respect ... father of the appellants, in 2008 by creation of the equitable mortgage in
favour of the respondent No.2. Hence, if otherwise the appellants would
favour of 5th defendant Bank by creating an equitable mortgage in respect of the said properties. By virtue of creation of equitable mortgage by defendants ... mortgage created by defendants 1 and 2 and the equitable mortgage is a valid one. The sole intention of the plaintiffs is to defeat
Ashutosh Majmudar and
Mrs. Ami Majmudar - in respect of which equitable mortgage had
been created in favour of BOB. It may be noticed that some ... dispute
has been raised by the petitioner/company qua the alleged equitable
mortgage, but the fact remains that in pursuance to the said notice
hereafter "PNB") claimed that the
Appellant had created an equitable mortgage in its favor in respect of the suit
property for credit facilities ... encumbrance, the mortgage would attach
itself and the mortgagee creditor's options can never be limited or
diminished. The mortgagee's right
