Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
S. 58(c) TPA | Mere Possession Of Property By Mortgagor Wouldn't Make 'Mortgage By Conditional Sale' A 'Simple Mortgage' : Supreme Court
Criminal Law
The Supreme Court ruled that mere possession of property by a mortgagor does not make a mortgage by conditional sale a simple mortgage under S-58C of the TPA. The case involved a dispute over the classification of a mortgage as a simple mortgage or a mortgage by conditional sale. The court clarified that possession alone does not change the nature of the mortgage, thereby providing clarity on the interpretation of mortgage types in property law.
