When the right of pre-emption accrues in respect of the foreclosure of a mortgage, any person entitled to such right shall lose the same unless within two months from the date of service of the notice given under section 8, he pays or tenders to the mortgagee or his successor in title the amount specified in such notice; Provided that the right of pre-emption shall not be so lost if the amount claimed by the mortgagee was not really due on the footing of the mortgage or was not claimed in good faith.
आगे पढ़ें / Continue reading
Explore the next section or browse this act in the selected language.
More sections of this act
Section 5 · Cases in which right of pre-emption does not accrueSection 11 · Suit to enforce right of pre-emptionSection 23 · Abolition of other rights of pre-emptionSection 13 · Decree to fix time for paymentSection 7 · Power to excludeSection 22 · Saving of rights previously accruedSection 21 · Special provision for limitationSection 12 · Consolidation of suitsIndia Code, Government of India. Text fetched 12 Oct 2026. Check the linked official text and subsequent notifications when applying a provision.