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Kani   18 June 2022

Extend limitation of equitable mortgage

Loans were advance and equitable mortgage also created. Loan and EM will complete 12 years this December. Full loan not yet repaid. How to extend the equitable mortgage? Will the mortgagor have to redeposit the title deeds afresh?


 2 Replies

Shashi Dhara   19 June 2022

Through by  executing revival  letters and confirmation of balance.

P. Venu (Advocate)     21 June 2022

The query suggests no legal elements; it is more of procedural issues which could be ascertained from the financial institution concerned.

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