MODI
Karan Raj – Appellant
Versus
Chunnilal – Respondent
2. The case of the plaintiffs was that on the 17th May, 1949, defendant No. 1 Udaichand as manager of the joint Hindu family consisting of himself and his son Nathmal had found a sum of Rs. 5500/- to be due to the plaintiffs and as a security for the repayment of this debt made a possessory mortgage of the suit house in favour of the plaintiffs by a mortgage-deed Ex. 5. It was agreed between the parties that the said defendant would pay interest at the rate of eight annas per cent per mensem on the aforesaid sum and that whatever rent is realised from the house by the plaintiffs will be credited towards the inter
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