https://www.taxtmi.com/caselaws?id=198347 Recovery charges could not be levied without a legal basis where no sale of property had occurred in the recovery process, so that portion of the demand was quashed. The text also states that a borrower who had deposited title deeds as security by way of equitable mortgage could not demand their immediate release while the loan liability remained unpaid, because redemption of the mortgage was still required. Contractual disputes or unadjudicated damages claims did not extinguish the obligation to repay the loan amount with interest, and the security remained enforceable until redemption. en-us Tue, 23 Mar 1982 00:00:00 +0530 Mon, 29 Jan 2018 17:17:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198347 Recovery charges could not be levied without a legal basis where no sale of property had occurred in the recovery process, so that portion of the demand was quashed. The text also states that a borrower who had deposited title deeds as security by way of equitable mortgage could not demand their immediate release while the loan liability remained unpaid, because redemption of the mortgage was still required. Contractual disputes or unadjudicated damages claims did not extinguish the obligation to repay the loan amount with interest, and the security remained enforceable until redemption. Case-Laws Indian Laws Tue, 23 Mar 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198347