davidjeyaraj
01 June 2015 at 09:59
Dear Sirs
A has mortgaged 2 plus acres of land for ten thousand rupees to B ,in Tamil Nadu on 30th May 1985 , (and 30 years completed) which is not redeemed till date and no money or payments are received either as interest or the amount taken.
Please advice which rules are applicable and which magistrate court the complaint has to be lodged in order to get the eligible money back or Property mortgaged can be taken over by B from A.
thanking you
raj
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Mortgage of property exceeded more than 30 years
A have mortgaged his agricultural property which he bought. the amount of mortgage is for 10,000 rupees , through SRO with valid documents ,
Now 30 years completed , till date no repayment has been made by the mortgagor ,
how to recover the money, is there any law to get my money , or mortgagor looses his title , kindly reply