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What is Understanding the Rule of Marshalling in Property Law about?

This document discusses the rule of marshalling in property law under the Transfer of Property Act in India. It begins with an introduction to the concept of marshalling and its application where a property owner mortgages two properties to one lender and then mortgages one of the properties to a second lender. It then examines sections 56 and 81 of the Act which deal with marshalling by subsequent purchasers and marshalling of securities. The key points made include: marshalling allows the second lende

Author

Naveen Choudary

Language

EN