https://www.taxtmi.com/caselaws?id=111300 A mortgage by deposit of title deeds depends on delivery of documents of title with intent to create security, but the Court noted that whether allotment letters, possession and related documents can create an assignable interest in the absence of a registered sale deed raises a question of general importance. The statutory framework and the nature of the allottee's rights were said to have wider implications for banking transactions and similar securities. The issue was not finally decided in this order; it was referred to a larger bench for authoritative determination, leaving the substantive mortgage question open. en-us Thu, 30 Aug 2007 00:00:00 +0530 Fri, 16 Aug 2013 11:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=111300 A mortgage by deposit of title deeds depends on delivery of documents of title with intent to create security, but the Court noted that whether allotment letters, possession and related documents can create an assignable interest in the absence of a registered sale deed raises a question of general importance. The statutory framework and the nature of the allottee's rights were said to have wider implications for banking transactions and similar securities. The issue was not finally decided in this order; it was referred to a larger bench for authoritative determination, leaving the substantive mortgage question open. Case-Laws Companies Law Thu, 30 Aug 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=111300