Section 78State of Jammu-Kashmir Act
Section 78: Postponement of prior mortgagee
Postponement of prior mortgagee.
- Wherein through the fraud, misrepresentation or gross neglect of a prior mortgagee, another person has been induced to advance money on the security of the mortgaged property, the prior mortgagee shall be postponed to the subsequent mortgagee.Previous
Sec 77 — Receipts in lieu of interest
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