New Enroll for RBI, SEBI & NABARD Intro Class! April 18 at 9:15 PM

    Question

    A mortgages to B a certain field bordering on a river.

    The field is increased by alluvion. B is:
    A Not entitled to the increase by alluvion. Correct Answer Incorrect Answer
    B Entitled to the increase by alluvion. Correct Answer Incorrect Answer
    C Entitled to increase by alluvion for the purpose of security. Correct Answer Incorrect Answer
    D Not entitled to the contrary A is entitled to received it on redemption. Correct Answer Incorrect Answer
    E Not entitled to the contrary A is entitled to received it irrespective of redemption. Correct Answer Incorrect Answer

    Solution

    Transfer of Property Act  S. 70. Accession to mortgaged property .—If, after the date of a mortgage, any accession is made to the mortgaged property, the mortgagee, in the absence of a contract to the contrary, shall, for the purposes of the security, be entitled to such accession.

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