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    <title>1993 (1) TMI 317 - KARNATAKA HIGH COURT</title>
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    <description>A surety who pays a mortgage decretal amount after a preliminary decree but before the final decree acquires subrogation to the creditor&#039;s rights, because payment by the surety transfers the creditor&#039;s position by operation of law. That right can be worked out in the pending mortgage final decree proceedings, since the suit remains pending until final decree and the Court may permit transposition to avoid multiplicity of proceedings. A separate suit is not required on these facts.</description>
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    <pubDate>Fri, 08 Jan 1993 00:00:00 +0530</pubDate>
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      <title>1993 (1) TMI 317 - KARNATAKA HIGH COURT</title>
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      <description>A surety who pays a mortgage decretal amount after a preliminary decree but before the final decree acquires subrogation to the creditor&#039;s rights, because payment by the surety transfers the creditor&#039;s position by operation of law. That right can be worked out in the pending mortgage final decree proceedings, since the suit remains pending until final decree and the Court may permit transposition to avoid multiplicity of proceedings. A separate suit is not required on these facts.</description>
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      <pubDate>Fri, 08 Jan 1993 00:00:00 +0530</pubDate>
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