Rangnath Gyanoba Agarkar and Ors. v. Suresh Rangnath Agarkar and Ors.
Case brief
What is this about?
The High Court allowed the applicants, father and sons, to raise a crop loan secured by a mortgage of their half share in ancestral agricultural land, modifying a previous injunction order.
What did the court decide?
The applicants are permitted to raise a crop loan as security by way of mortgage of the suit land to the extent of their half share for one period of one year not exceeding Rs. 3,50,000/- for each app