mortgage of 1952. It is further
stated that even while creating second mortgage on
09.07.1954, the suit property remained with the plaintiffs
and that property ... within
stipulated time and under the mortgage of 1954 which
was a mortgage by conditional sale. The mortgagee was
unable to make a claim
only
Rs.2,00,000/- at the time of execution of second mortgage.
SCCH-2 16 C.C.No.1688/2020
Therefore, it is crystal ... only Rs.2,00,000/- at the time of execution of second
mortgage. Per-contra, the complainant has contended
that, he has paid
agreed to pay interest at
the rate of 18% under the Second Mortgage Deed dated
02.09.2016.
12. The defendant has further denied the execution ... liability to pay interest at
the rate of 18% under the Second Mortgage Deed. Upon perusal
accepted a statement in a
letter by a mortgagor to a second mortgagee to save the mortgaged
property from being sold away at a cheap
registered
owner, executed two Mortgage Deeds thereby creating a first
and second preferred mortgage on the defendant - Vessel in
favour of Wilmington Trust National Association ... against the defendant - Vessel over
which the plaintiff had first and second priority mortgage. It
was urged that these issues have been raked
registered
owner, executed two Mortgage Deeds thereby creating a first
and second preferred mortgage on the defendant - Vessel in
favour of Wilmington Trust National Association ... against the defendant - Vessel over
which the plaintiff had first and second priority mortgage. It
was urged that these issues have been raked
registered
owner, executed two Mortgage Deeds thereby creating a first
and second preferred mortgage on the defendant - Vessel in
favour of Wilmington Trust National Association ... against the defendant - Vessel over
which the plaintiff had first and second priority mortgage. It
was urged that these issues have been raked
filled fraudulent details in the
'Confirmation of Creation of Second/Subsequent Equitable Mortgage'.
Even, the MSME Loan was written ... loan of Rs 30 lakhs vide Confirmation of Creation of
Second/Subsequent Equitable Mortgage dated 20.5.2016.
(iv). As the petitioner defaulted in repayment
petitioner
failed to take any steps to discharge the mortgage debt with the second
respondent and hence, the first respondent issued a lawyer notice ... property subject to mortgage liability. Notwithstanding such transfer in
favour of third party, the mortgagee is entitled to enforce payment of
mortgage debt against
petitioner failed to
take any steps to discharge the mortgage debt with the second respondent
and hence, the first respondent issued a lawyer notice ... property
subject to mortgage liability. Notwithstanding such transfer in favour of
third party, the mortgagee is entitled to enforce payment of mortgage debt
against
