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Asif   20 April 2021

Oral Hiba on mortgage

Hello everyone, have a small query.

Can a Oral Hiba be given on mortgage property ?

Can a mutation entry be done on the mortgage property ?

*even if there's no NOC from the lenders side

if it's done, can it be challenged in court even if the limitation period has gone by


Learning

 2 Replies

Ankur Mishra   20 April 2021

no mutation proceeding can initeate on the basis of legally valid documents

Hemant Agarwal (ha21@rediffmail.com Mumbai : 9820174108)     20 April 2021

1.  It would be a prosecutable offence to do Hiba (Gift) of any property that is already mortgaged.

Keep Smiling .... Hemant Agarwal 
VISIT:  www.chshelpforum.com


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