https://www.taxtmi.com/caselaws?id=460453 Section 92 of the Transfer of Property Act allows subrogation where the prior mortgage has been redeemed in full. Full redemption is not confined to payment of the entire decretal amount with interest if the mortgagee accepts a lesser sum in satisfaction and the mortgage is discharged. On the stated facts, the prior mortgage was treated as fully discharged, so the purchaser's successors were entitled to the earlier mortgagee's rights by subrogation. As a result, the later mortgage could not be enforced against them without first satisfying the prior charge. en-us Mon, 12 Aug 1935 00:00:00 +0530 Sat, 25 Jan 2025 12:03:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460453 Section 92 of the Transfer of Property Act allows subrogation where the prior mortgage has been redeemed in full. Full redemption is not confined to payment of the entire decretal amount with interest if the mortgagee accepts a lesser sum in satisfaction and the mortgage is discharged. On the stated facts, the prior mortgage was treated as fully discharged, so the purchaser's successors were entitled to the earlier mortgagee's rights by subrogation. As a result, the later mortgage could not be enforced against them without first satisfying the prior charge. Case-Laws Indian Laws Mon, 12 Aug 1935 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460453