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    <title>2008 (4) TMI 737 - Supreme Court</title>
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    <description>A usufructuary mortgage preserves the mortgagor&#039;s right of redemption under Section 60 of the Transfer of Property Act unless lawfully extinguished, and a mortgagee cannot defeat that right by obtaining title through a sale connected with the mortgage outside the procedure required by Order XXXIV Rule 14 CPC. Such an advantage is treated under Section 90 of the Indian Trusts Act as held for the mortgagor&#039;s benefit, so redemption remains available. A suit for redemption is governed by Article 61 of the Limitation Act and, being filed within 30 years from accrual of the right to redeem, was not time-barred.</description>
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    <pubDate>Wed, 09 Apr 2008 00:00:00 +0530</pubDate>
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      <title>2008 (4) TMI 737 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=181406</link>
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