New SIDBI Grade A New Batch Starts on Nov 18

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    Question

    1.     Assertion: Mortgagor has right to inspection of documents.

    Reason: s.60-B of the Transfer of Property Act provides for a right only as long as right to redemption subsists.

    A A is true and R is true and correct explanation of A. Correct Answer Incorrect Answer
    B A is true and R is false and not correct explanation of A Correct Answer Incorrect Answer
    C A is false and R is true and not correct explanation of A. Correct Answer Incorrect Answer
    D A is false and R is false and not correct explanation of A Correct Answer Incorrect Answer

    Solution

    As per s.60-B of the TP Act, mortgagor is provided with right to inspection and production of documents under s.60-B itself which has a condition precedent that right to redemption shall subsist.

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