Mera Samvidhaan All of Transfer of Property Act, 1882

Chapter IV · Of Mortgages of Immoveable Property and Charges

613[Right to redeem separately or simultaneously.

Section 61 · Chapter IV · Rights and Liabilities of Mortgagor · page 25 of the Act

A mortgagor who has executed two or more mortgages in favour of the same mortgagee shall, in the absence of a contract to the contrary, when the principal money of any two or more of the mortgages has become due, be entitled to redeem any one such mortgage separately, or any two or more of such mortgages together.]

3 Subs. by Act 20 of 1929, s. 24, for s. 61.

Section 61 of The Transfer of Property Act, 1882 is reproduced in full above, as printed by India Code, with its footnotes and amendment markers. Read the whole Act, or browse every Act on Mera Samvidhaan.