Contract Act 1872 Section 174 Consistent Security Commitment Debt Defendant's Certificate of Protection with the Bank Against the Borrower The borrower has never demanded a return of the mortgage certificate from the bank, which provides against such security as loan facilities. I continue to expand, supporting the preservation of security as a result of a strong security concept. Under section 174 of the Contract Act, 1872, in the circumstances of the bank such certificate shall be deemed to continue as security.
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