Madras High Court Allows Appeal by Financial Corporation in Guarantor Liability Case — Equitable Mortgage by Deposit of Title Deeds Valid Under Section 58(f) of Transfer of Property Act, 1882. Guarantor's Liability Under Section 31(aa) of State Financial Corporation Act, 1951 Upheld Despite Absence of Registered Mortgage Deed.
2 Apr 2026The appellant, Tamil Nadu Industrial Investment Corporation Limited, a public financial institution, filed an appeal under Order XXXVI Rule 1 of O.S. ...





