Section 67AState of Jammu-Kashmir Act
Section 67A: [ Mortgagee when bound to bring one suit on several mortgages. [Section 67-A added and section 68 substituted ibid.]
[ 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.Disclaimer: This section is reproduced for general informational and reference purposes only. Always verify against the latest official gazette and consult a qualified advocate before relying on any provision.