Multiple choice

A suit to obtain a decree that a mortgagor shall be absolutely debarred of his right to redeem the mortagaged property is called a suit for

  1. part performance

  2. election

  3. foreclosure

  4. estoppel

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

Under section 67 of the transfer of property act, it has been stated that a suit to obtain a decree that a mortgagor shall be absolutely debarred of his right to redeem the mortgaged property is called a suit for foreclosure.