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    <title>1960 (4) TMI 99 - Supreme Court</title>
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    <description>A mortgage-secured liability is a pecuniary liability and falls within the broad definition of &quot;debt&quot; in section 2(6) of the Displaced Persons (Debts Adjustment) Act, 1951 unless expressly excluded. The Court read the Act&#039;s structure, including the special treatment of certain West Pakistan mortgage debts and the machinery in sections 10, 13 and 14, as confirming that mortgage debts remain enforceable under the statute. A displaced creditor may therefore invoke section 13 in respect of a mortgage debt. The definition was held not to be narrowed by other special provisions or scaling-down mechanisms.</description>
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    <pubDate>Wed, 20 Apr 1960 00:00:00 +0530</pubDate>
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      <title>1960 (4) TMI 99 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=286481</link>
      <description>A mortgage-secured liability is a pecuniary liability and falls within the broad definition of &quot;debt&quot; in section 2(6) of the Displaced Persons (Debts Adjustment) Act, 1951 unless expressly excluded. The Court read the Act&#039;s structure, including the special treatment of certain West Pakistan mortgage debts and the machinery in sections 10, 13 and 14, as confirming that mortgage debts remain enforceable under the statute. A displaced creditor may therefore invoke section 13 in respect of a mortgage debt. The definition was held not to be narrowed by other special provisions or scaling-down mechanisms.</description>
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      <pubDate>Wed, 20 Apr 1960 00:00:00 +0530</pubDate>
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