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Transfer Of Property Act | Rents Receivable Can Be Assigned By Debtor To Creditor As Actionable Claim: Supreme Court

Rents receivable by a borrower can be assigned to a lender as an "actionable claim" as per the Transfer of Property Act,1882(TPA), held the Supreme Court while deciding a dispute between the...
Dipankar Datta Supreme Court Escrow Bank National Company Law Appellate Tribunal Housing Development Finance Corporation Bank Ltd Bank Ltd
Source: livelaw.in

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