Usufructuary mortgage mortgagor's right to redeem


Special rights of Mortgagor in usufructuary mortage  under sec 62 of TP Act  and weather mortagagee can file declaratiuon.

Mortgage was done in 1942 and possessioin was retainrd by the Mortgagor, and Co-operatice society loan by Mortgagor

Now mortgagor filed the declaration suit against the mortgagee,, is irt servive

 

 
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Advocate

If the loan for which the mortgage is done iscleared, the society will clear the mortgage. Else, the society is at liberty to bring it for sale. No limitaion will apply in this case.

 
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