Transfer of Property Act, 1882
Transfer of Property Act, 1882
IV · Section 77

Receipts in lieu of interest

Synced on 04 Jul 2026Text as per India Code

Nothing in section 76, clauses (b), (d), (g) and (h), applies to cases where there is a contract between the mortgagee and the mortgagor that the receipts from the mortgaged property shall, so long as the mortgagee is in possession of the property, be taken in lieu of interest on the principal money, or in lieu of such interest and defined portions of the principal. Priority

Judgments on Section 77