Escolar Documentos
Profissional Documentos
Cultura Documentos
OPERATIONS
INDIAN INSTITUTE OF
BANKING & FINANCE
MODULE A & B
10.10.07
Act authorizes the RBI to cancel the license granted to any banking company. The cancellation may
be
on account of
48..(1) The sale is ostensible and not real. (2) The mortgagee has the right
to receive rent on the property mortgaged (3) Mortgage is put through
in a Notified area (4) Private Sale possible- Identify the mortgages
a.. Simple Mortgage/ English Mortgage/ Equitable Mortgage/ Anomalous
Mortgage
b.. Mortgage by way of Conditional Sale/ Usufructuary Mortgage /
Mortgage by way of Deposit of Title deeds / English Mortgage
c.. Registered Mortgage / English Mortgage / Equitable Mortgage /
Simple Mortgage
d.. Mortgage by way of Conditional Sale / Equitable Mortgage /
Usufructuary Mortgage / English Mortgage