https://www.taxtmi.com/caselaws?id=286028 A later assignment deed can extend limitation for redemption only if its wording affirmatively acknowledges the subsisting mortgage relationship; here, the mortgagee's recital entitling the assignee to receive the mortgage amount amounted to acknowledgment under Section 18 of the Limitation Act, so a fresh limitation period began from 12.2.1954. Because the redemption suit was within time, the mortgage was still subsisting when the Tamil Nadu Debt Relief Act, 1979 applied, and the mortgagee's continued possession for more than ten years satisfied Section 9, causing the debt to stand wholly discharged by operation of law. Redemption was therefore available, while the prayer for accounts was rejected and the decree description had to match the mortgage deed. en-us Mon, 20 Mar 2006 00:00:00 +0530 Mon, 04 Mar 2024 19:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286028 A later assignment deed can extend limitation for redemption only if its wording affirmatively acknowledges the subsisting mortgage relationship; here, the mortgagee's recital entitling the assignee to receive the mortgage amount amounted to acknowledgment under Section 18 of the Limitation Act, so a fresh limitation period began from 12.2.1954. Because the redemption suit was within time, the mortgage was still subsisting when the Tamil Nadu Debt Relief Act, 1979 applied, and the mortgagee's continued possession for more than ten years satisfied Section 9, causing the debt to stand wholly discharged by operation of law. Redemption was therefore available, while the prayer for accounts was rejected and the decree description had to match the mortgage deed. Case-Laws Indian Laws Mon, 20 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286028