#Devil's Den#-Mera Piya Ghar aaya O Beeji O Veerji - Page 64

Aarya, we are told that Teji had mortgaged the house (we are not clear who has the title of the house -- Teji or Beeji) to a man named Garg. Initially, we were told that the mortgage was effected by deposit of title deeds. Then, we were told that Teji executed some document effecting the mortgage.

Now, as per this agreement (I refuse to refer to it as a contract), Teji was to repay the debt (which was secured by the mortgage) within three months. The three months' period is not over yet.

Again, as per the agreement, the mortgagee could apparently "sell" the house. Now, that completely ignores the basic principle that you cannot give what do not have. A mortgagee does not obtain complete rights (right, title and interest) over the mortgaged property. He has limited rights and a limited interest. And, he definitely cannot transfer the title or the whole of the rights and interest over the mortgaged property.

Yet, this is what we are told transpired. Garg, the mortgagee, "sold" off the house to MSK. MSK now claims ownership over the house.

The value of the house is Rs. one crore. MSK paid Rs. two crores for it.

The mortgagee has given Beeji and clan a month to vacate the premises.

Beeji has challenged MSK that she will obtain the required money within a period of one month and win back her house. Yet another discrepancy showing that MSK has not obtained full right, title and interest over the house.

Assuming that the transaction is valid (for some reason beyond my comprehension for now), the mortgagee can only retain the loan amount and the interest thereon. The rest of the money would rightfully belong to the owner, that is Beeji and co. I am fairly certain that the loan amount was not over Rs one crore, for that is the value of the house. MSK has paid the mortgagee an additional Rs one crore, which should go into Beeji's kitty. I'm sure that, even if Teji had taken a loan of Rs. one crore, the additional amount of Rs. one crore foolishly squandered by MSK could be used by Beeji or Teji Beeji to repay the loan amount and interest and show MSK the door.

PS: For some more rantings about logic, refer to page 5 of the Den. This time, I am hoping that Beeji can outwit the Billionaire and show him the door.

PPS: This was one was for Aarya. Others, please ignore it.😆

Shali, I agree. "They" and "Logic" share a rather strained relation.

Lallita, well caught. Well, to be fair, the creatives have thus far shown a relatively good sense of humour when it comes to laughing at themselves. We have seen this earlier. So, I would not be surprised if it were indeed a tongue-in-cheek admission.

Niddzz (Niddhi, I assume??), well, they are writing their own law. They appear to have enacted a GHSP Marriage Act, where a marriage is dissolved by effecting personal service of a "Divorce Deed" to your wife. And, now this.

Well, if Beeji or Teji were the owners, they would have to execute the document selling the house. Registration of the transfer of title is yet another issue.

Well, the old creative team remembered the issue of registration and used that as an opportunity for Maaneet's first trip to Amritsar.

Aarya, obviously not. "They" do not believe in foreclosure or the attendant legal procedure.

Well, GHSP cannot afford another separation track, can it? So, it's likely that the "Billionaire" (always the good guy) will carry off his wife back to their matrimonial home with ceremonious pomp, after having tamed the "Shrew".

@ Lalita: Yes, it is illegal. Well, as per the latest segment, the cops will be called in and the cops will pay obeisance to the Billionaire when they find out his identity. And, the day that this episode is aired, I will probably rant about how the police cannot intervene in civil disputes.

@ Aarya, Lalita, Niddzz (if you're still around), Opti and Shali: Adios. I will call it a night now. Will see you around tomorrow.🤗

Well this is fiction so anything is possible. If they want they can even turn Geet into a magical pixie and Maan into a fairy wearing pink tights...

Medha, this is not the first time they have shown us stuff devoid of legal logic. Remember how NT managed to acquire 25 per cent of the stake in KC without Maan knowing it?

Originally posted by: hegdemedha

Well, I am still unable to comprehend how a mortgagee can sell the mortgaged house. So, I am stuck at that groove.

Its easy if the buyer agrees to pay off the existing loan it can be done! 😉

2 days up & only 86 pages...

@ Geets: A buyer can buy from the mortgagee only what the mortgagee has -- a limited interest.

@ Anuja: Good evening. Oh well, there's not much to discuss, is there? No one has a clue about MSK's "new" plan. Well, we are likely to get a trip-fall-catch sequence, a TT interview and probably a Wassup interview ... now that might set the pages rolling.😆