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Showing posts from July 5, 2022

Rights to Redemption vs Equity of Redemption

  The basic meaning of word Redemption is to redeem or to get back. In the context of Mortgage under the property law in India, this right is a significant right of every mortgagor howsoever the nature of mortgage is. Once the payment of money is made by the debtor on or before the due date, he is eligible for redemption right. Redemption is not only limited to mortgaged property but also the title deeds and important documents related to the property. Whereas, when we talk about equity of redemption which is the base or the source of redemption right, originated in England. Under equity of redemption, the debtor or the mortgagor will be given an extended time period or a reasonable extra time period is given even after due date. The reason for this extension is that whenever a mortgage is executed the intension of the mortgagor is always to let it remain a mortgage and not to be converted into a sale. Therefore, for the protection of his rights this extension may be given to him by th

TECHNOLOGICAL ADVANCEMENT AND ITS IMPACT ON SOCIETY

  Technology created Virtual gap in social relations of humans where people are physically together but disengaged from each other completely immerse with their technological device,   Technology plays an important   and vital   role in developing countries. Technology has touched human life almost in all walk, such as education and social relationship, kinship, socialization .religious belief etc are badly affected .Scientific rational knowledge accelerated the speed of cultural mobility .People are accepting this change in positive way.   Cultural mobility sanskritization and Dsanskritization can be seen in society It has substantially switch the cultural norms & behavior of individuals. Today people have become the slave of technology .Human being social relations are also effected with lastest devices mobile, computer, tabs smart phone, video conferencing etc.another impact of technology can be seen that all age people in grip of technology either child, youngster middle or old