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Supreme Court of India
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Civil Law
Bare Acts
The Transfer of Property Act, 1872
Section 51-96
Section 53-A
Section 54
Section 80
Section 86-90
Section 92
Section 77- Receipts in lieu of interest

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.

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