https://www.taxtmi.com/caselaws?id=300290 A duly executed and registered mortgage deed cannot be varied by prior negotiations, conversations, or an inadmissible unregistered writing. Although a contemporaneous lease formed part of the same transaction, it had to be read consistently with the mortgage deed's express terms: the profits were to be taken in lieu of interest, and the arrangement could not be recast as a simple mortgage carrying interest. On compensation for diminution of security, Section 65(a) of the Transfer of Property Act, 1882 was held inapplicable retrospectively to a mortgage executed before the Act commenced, so no compensation was payable. en-us Fri, 29 Nov 1912 00:00:00 +0530 Fri, 21 Jan 2022 15:03:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=300290 A duly executed and registered mortgage deed cannot be varied by prior negotiations, conversations, or an inadmissible unregistered writing. Although a contemporaneous lease formed part of the same transaction, it had to be read consistently with the mortgage deed's express terms: the profits were to be taken in lieu of interest, and the arrangement could not be recast as a simple mortgage carrying interest. On compensation for diminution of security, Section 65(a) of the Transfer of Property Act, 1882 was held inapplicable retrospectively to a mortgage executed before the Act commenced, so no compensation was payable. Case-Laws Indian Laws Fri, 29 Nov 1912 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=300290