Tranfer of Property Act, 1882–Sec. 58(c)–Mortgage be conditional sale–Stipulation in agreement that if the plaintiff makes the payment of Rs. 10,000/- within a period of five years, defendants shall hand over the possession of property–Transaction was loan and relationship was that of debtor and creditor–Document would be considered as mortgage by way of conditional sale–Suit for redemption of mortgage was maintainable and it was rightly decreed by High Court.
Patel Ravjibhai Bhulabhai th. LR’s. vs. Rahemanbhai M. Shaikh th. LR’s. & Ors. – (SC)
₹34.00 ₹3.40


