Thus, in case of doubt, a contract purporting to be a sale with right of repurchase shall be construed as an equitable mortgage.
A contract of sale with right of repurchase shall be presumed to be an equitable mortgage when: (a) the price of a sale with right of repurchase is unusually inadequate; (b) the seller remains in possession as lessee or otherwise; (c) upon or after the expiration of the right to repurchase, another instrument extending the period of redemption or granting a new period is executed; (d) the buyer retains for himself a part of the purchase price; (e) the seller binds himself to pay the taxes on the thing sold; or (f) in any other case, it may be fairly inferred that the real intention of the parties is that the transaction shall secure the payment of a debt or the performance of any other obligation.
Fremont sued Thompson seeking an
equitable mortgage on the residence or, in the alternative, damages for unjust enrichment.
The presence of any of the circumstances set forth therein suffices for a contract to be deemed an
equitable mortgage. No concurrence or an overwhelming number is needed (Art.
Tenders are invited for Lot 3:-
equitable mortgage of residential plot in the name of sh.
Tenders are invited for
Equitable mortgage of landed property along with building measuring an area of 11 dhur 13 dhurki under thana no-17,tauzi no-5237,khata no-165,c.s.plot no-1080 situated at
equitable mortgage of landed property along with building measuring an area of 11 dhur 13 dhurki under thana no-17,tauzi no-5237,khata no-165,c.s.plot no- 1080 situated at mauza-chitkohra,p.s.-gardanibagh,sub & sadar ragistry office- patna district-patna in the name of smt.
Tenders are invited for Lot 2:-
equitable mortgage of double storey residential building measuring 05k-18 marla i.e.
Tenders are invited for Lot 1:-
equitable mortgage of residential building (house) measuring 196.60 sq.
Tenders are invited for Lot 3:-
equitable mortgage of factory land and building measuring 786.5 sq.
Equitable mortgage of factory land and building situate at main bus stand jhoju kalan district bhiwani measuring 453.75 sq.
Auction are invited for Sale of properties
Equitable mortgage of commercial plot no.
BANKING AND CREDIT NEWS-March 4, 2011--S&P discontinues
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