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Will It Ever Be Possible for a Mortgagor to Obtain

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Essay

Will it ever be possible for a mortgagor to obtain an order for sale under section 91 Law of Property Act 1925 where the sale will not pay off the mortgagee debt? Justify your answer by reference to the case law.


Definitions:

Going Public

The process by which a private company offers shares to the public in a new stock issuance, becoming a publicly-traded company.

New Issue Market

The market segment dedicated to the initial offering of securities to the public, including stocks and bonds from a corporation making its market debut.

Underwriting Compensation

Fees or commissions paid to underwriters for their services in issuing and selling new securities.

Common Stock

A type of security that signifies ownership in a corporation and represents a claim on part of the corporation’s profits or losses.

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