No Redemption time limit for Usufructuary Mortgage

Querist : Anonymous (Querist) 25 July 2011 This query is : Open
I was going through some case laws it is held that Limitation act will not apply to Usufructuary Mortgage. Mortgagor is entitled to redeem the property even after 30 years. Is that correct?

Case name: SUPREME COURT
2005(4) RCR(Civil) 841 Harbans V Om Praksh and Others
Panchanan Sharma v.Basudeo Prasad Jaganani& others JT 1997(10) SC 553

High court of Punjab and Haryana, Chandigara

Karnail Singh & ORS V Dharam Singh
Harbans V Om Prakash

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