Mortgage

Narasimha swamy N (Querist) 14 July 2009 This query is : Resolved
is there a time limit to file a suit for redemption to redeem the suit property.can it be filed even after 30 years as specified in Limitation Act?

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kranthi kiran (Expert) 04 December 2009
To my knowledge, the period of limitation for a mortgage redemption suit is (12) Years only. After expiry of 12 Years, the suit is barred by limitation.

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