Multiple choice

X, the natural guardian of M, the minor, wants to mortgage the property in the name of M to secure a loan for the benefit of the minor.

  1. The property in the name of M cannot be mortgaged.

  2. The property in the name of M can be mortgaged if the loan is for benefit of the minor.

  3. The property in the name of M can be mortgaged if the loan is for benefit of the minor with permission of court only.

  4. The property in the name of M can be mortgaged if the loan is for benefit of the minor with permission of Registrar of Assurances.

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

According to Hindu Minority and Guardianship Act, 1956, natural guardian of a Hindu minor cannot mortgage or charge any part of the property of the minor without the permission of the court.