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    <title>1963 (12) TMI 28 - Supreme Court</title>
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    <description>A mortgagor who accepted and acted upon the benefit of a later mortgage arrangement was held to have adopted its burdens as well, so the doctrine of election applied and the 1/4th share remained redeemable; the redemption claim was therefore not barred by limitation. On accounting, redemption was contractually conditional on payment of the principal and compensation for improvements in a lump sum, so mesne profits could not be awarded on the basis adopted below. The mortgagors were instead entitled to interest on the amount deposited until possession was delivered, with accounts adjusted accordingly.</description>
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    <pubDate>Fri, 06 Dec 1963 00:00:00 +0530</pubDate>
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      <title>1963 (12) TMI 28 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=175457</link>
      <description>A mortgagor who accepted and acted upon the benefit of a later mortgage arrangement was held to have adopted its burdens as well, so the doctrine of election applied and the 1/4th share remained redeemable; the redemption claim was therefore not barred by limitation. On accounting, redemption was contractually conditional on payment of the principal and compensation for improvements in a lump sum, so mesne profits could not be awarded on the basis adopted below. The mortgagors were instead entitled to interest on the amount deposited until possession was delivered, with accounts adjusted accordingly.</description>
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      <pubDate>Fri, 06 Dec 1963 00:00:00 +0530</pubDate>
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