Supreme Court · 2014 INSC 554 · Decided 21 August 2014

Singh Ram (D) THR. L.RS. v. Sheo Ram & ORS.

Court
Supreme Court of India
Citation
2014 INSC 554 · [2014] 14 S.C.R. 1412
Case number
CIVIL APPEAL No. 5198/2008
Decided
21 August 2014
Bench
T.S. THAKUR, C. NAGAPPAN, ADARSH KUMAR GOEL (3-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Transfer of Property Act Section 62, 58, 60, 61; Limitation Act

Headnote

' c Limitation Act, 1963- Schedule, Article 61 - Limitation for redemption of usufructuary mortgage - Invocation of - Held: Right of usufructuary mortgagor is equitable as well as statutorily recognized right- Usufructuary mortgage is distinct from other mortgage- Special right of 62 of Transfer of Property Act to recover possession commences when mortgage money is paid out of usufructs or partly out of usufructs and partly on payment by the mortgagor - Therefore, in case of usufructuary mortgage mere expiry of 30 years does not extinguish the right of the E mortgagor and

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