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Limitation act for mortgage executed on 1945

(Querist) 27 July 2012 This query is : Open 
The mortgage was executed on 1945, which limitation act will considered for the suit filing for redemption of mortgage by mortgagor. The Limitation act 1908 OR 1963.

How to compute the time for the limitation of filing the redemption suit. OR for the foreclosure of the mortgage??.
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