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Belton v Bass, Ratcliffe & Gretton Ltd

Subject Matter

MORTGAGE — Mortgagor and Mortgagee — Proposal by Mortgagee to grant an Option over Shares to an intended Purchaser — Advised not within their Powers — Sale by Mortgagee — Whole of Purchase Money advanced to Purchaser by Mortgagee — Right of Purchaser to resell to Mortgagee — Validity of Sale — Motive.

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