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    <title>1999 (2) TMI 691 - Supreme Court</title>
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    <description>A valid oral mortgage starts the limitation period for redemption from the date of its creation, unless the mortgage itself postpones redemption. An acknowledgment in a sale deed executed after the limitation period had already expired could not revive the right to sue under Section 18 of the Limitation Act, because that provision applies only to acknowledgments made before expiry. The reliance on the Redemption of Mortgages (Punjab) Act, 1913, and on approbation and reprobation was rejected as not affecting limitation in this case. The suit for redemption was therefore barred by limitation.</description>
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    <pubDate>Tue, 23 Feb 1999 00:00:00 +0530</pubDate>
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      <title>1999 (2) TMI 691 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=194382</link>
      <description>A valid oral mortgage starts the limitation period for redemption from the date of its creation, unless the mortgage itself postpones redemption. An acknowledgment in a sale deed executed after the limitation period had already expired could not revive the right to sue under Section 18 of the Limitation Act, because that provision applies only to acknowledgments made before expiry. The reliance on the Redemption of Mortgages (Punjab) Act, 1913, and on approbation and reprobation was rejected as not affecting limitation in this case. The suit for redemption was therefore barred by limitation.</description>
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      <pubDate>Tue, 23 Feb 1999 00:00:00 +0530</pubDate>
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