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The term Mortgage can be defined as a transfer of an interest in immovable property as security for a loan. A mortgage provides a legal interest in someone else’s property with a right to redeem. Pledge means a secured loan against any movable property, while the mortgage is a secured loan against immovable property. Section […]
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ABOUT LEGAL PATRA The aim of legal Patra is the gathering of ideas and knowledge regarding legal aspects and providing a platform for conveying it. In doing so, we hope to facilitate the transition of students from studying the theory to applying it. We strive to bring the best talents in the legal world and […]
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“A Perpetuity, may be a thing odious in law , and destructive to the Commonwealth, it might put a stop to commerce, and stop the circulation of riches of the kingdom, and therefore not to be countenanced in equity “[1] Introduction RULE AGAINST PERPETUITY under TPA, 1882- Putting restrictions on the transferability of property is […]
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“It is a doctrine common to the courts both of law as well as equity, and rests upon the foundation that it would plainly be impossible that any action or suit could be brought to a successful termination, if alienation pendent lite were permitted to prevail” [1] Concept and Nature Lis Pendens means a pending […]
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