Fletcher & Company Ltd v Billy Craig Investments Ltd (In Receivership)

Civil Procedure-Injunction-Mortgage granted by company by way of guarantee of a loan to shareholders-Loan for the purpose of purchasing shares in the said company-Application to prevent mortgagee from exercising power of sale contained in a mortgage-Mortgagee a transferee of the mortgage-Whether mortgagee should be restrained-Whether applicant entitled to equitable remedy-Section 71 of the Registration of Titles Act