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    <title>1914 (2) TMI 1 - BOMBAY HIGH COURT</title>
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    <description>A mortgage by conditional sale is a recognised security, and absent a special term allowing earlier redemption, the right to redeem ordinarily arises only on expiry of the repayment period. On the pleaded facts, the mortgaged debt was said to have been satisfied from usufruct and by payment before the stipulated time, with accounts showing discharge in Fasli 1245. If that discharge was accepted, the right to recover possession accrued in 1838, well before the suit filed in 1899, and the claim was therefore barred by the applicable sixty-year limitation period.</description>
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    <pubDate>Fri, 06 Feb 1914 00:00:00 +0530</pubDate>
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      <title>1914 (2) TMI 1 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=278173</link>
      <description>A mortgage by conditional sale is a recognised security, and absent a special term allowing earlier redemption, the right to redeem ordinarily arises only on expiry of the repayment period. On the pleaded facts, the mortgaged debt was said to have been satisfied from usufruct and by payment before the stipulated time, with accounts showing discharge in Fasli 1245. If that discharge was accepted, the right to recover possession accrued in 1838, well before the suit filed in 1899, and the claim was therefore barred by the applicable sixty-year limitation period.</description>
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      <pubDate>Fri, 06 Feb 1914 00:00:00 +0530</pubDate>
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