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    <title>1908 (7) TMI 1 - BOMBAY HIGH COURT</title>
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    <description>Ex. 25 was construed as a mortgage deed rather than a lease by reading its terms with prior authority on a similar instrument. The pre-existing debtor-creditor relationship, the creditor&#039;s right to appropriate the land&#039;s income towards liquidation of the debt, and the debtor&#039;s right to resume possession on expiry of the stated period all pointed to a mortgage arrangement. The absence of premium, rent, or a share of produce, together with the description of the document as a Valatdan Patta and its context under the Dekkhan Agriculturists&#039; Relief Act, reinforced that the parties intended security for debt, not a tenancy. The appeal therefore failed.</description>
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    <pubDate>Mon, 06 Jul 1908 00:00:00 +0530</pubDate>
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      <title>1908 (7) TMI 1 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=276583</link>
      <description>Ex. 25 was construed as a mortgage deed rather than a lease by reading its terms with prior authority on a similar instrument. The pre-existing debtor-creditor relationship, the creditor&#039;s right to appropriate the land&#039;s income towards liquidation of the debt, and the debtor&#039;s right to resume possession on expiry of the stated period all pointed to a mortgage arrangement. The absence of premium, rent, or a share of produce, together with the description of the document as a Valatdan Patta and its context under the Dekkhan Agriculturists&#039; Relief Act, reinforced that the parties intended security for debt, not a tenancy. The appeal therefore failed.</description>
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      <pubDate>Mon, 06 Jul 1908 00:00:00 +0530</pubDate>
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