Hi every one,
"A" obtained certain amount from "B" by executing a Mortgage deed( Un registered) & handed over his original title deeds of his properties to "B" in the year 2008. Thereafter "A" had not paid single pie, either towards agreed interest nor towards principal amount till December 2014, and became indebted to "B".
In the Year 2014 i.e in the month of Dec-2014, "B": filed simplicity money recovery suit U/sec 26 Order VII rule 1 of C.P.C, not being the suit Under order 34 of C.P.C( i.e Mortgage suit). along with the suit he filed Interim application U/order 38 rule 5 of C.P.C for attachment of property before Judgment.
Now my question is, whether said suit is maintainable, as the same is hit by Indian Limitation act
If i file a petition U/o7 rule 11 of C.P.C to reject the plaint, for the reasons that the "B" ought to have filed the suit under order 34 of of C.P.C and not u/sec 26 order 7 rule of 1 of c.p.c and the same is hit by Indian limitation act., whether my said contention stands good. Kindly help in this regard with any suitable SC Judgments, for rejection of the said suit.
Note: "B"though not filed suit under 34 of C.P.C claiming that the limitation to such suit is 12 years , since "A" executed un registered Mortgage deed in his favor. kindly advice.