https://www.taxtmi.com/caselaws?id=278944 The Supreme Court held that the document in question was a usufructuary mortgage and not a lease. The court also concluded that Section 77 of the Transfer of Property Act applied, exempting the mortgagee from the liability to render accounts. Consequently, the decree of the High Court was set aside, and the decree of the Subordinate Judge was restored. The appeal was allowed, and the appellant was awarded costs throughout. en-us Fri, 23 May 1958 00:00:00 +0530 Tue, 26 Feb 2019 10:00:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278944 The Supreme Court held that the document in question was a usufructuary mortgage and not a lease. The court also concluded that Section 77 of the Transfer of Property Act applied, exempting the mortgagee from the liability to render accounts. Consequently, the decree of the High Court was set aside, and the decree of the Subordinate Judge was restored. The appeal was allowed, and the appellant was awarded costs throughout. Case-Laws Indian Laws Fri, 23 May 1958 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278944