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    <title>2003 (12) TMI 672 - Supreme Court</title>
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    <description>A non-redeeming co-mortgagor&#039;s suit for declaration, partition and possession remained a partition claim, so the limitation period applicable to partition applied and the suit was not barred as one for redemption or contribution. The redeeming co-mortgagor&#039;s plea of contribution operated only as an equitable defence and did not alter the character of the action. Under Section 92 of the Transfer of Property Act, a redeeming co-mortgagor acquires only equitable subrogation and reimbursement rights, not the status of a mortgagee in the strict sense. The other co-owner&#039;s right to seek partition therefore survived, and the plaintiff&#039;s claim was maintainable and in time.</description>
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    <pubDate>Mon, 15 Dec 2003 00:00:00 +0530</pubDate>
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      <title>2003 (12) TMI 672 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=298928</link>
      <description>A non-redeeming co-mortgagor&#039;s suit for declaration, partition and possession remained a partition claim, so the limitation period applicable to partition applied and the suit was not barred as one for redemption or contribution. The redeeming co-mortgagor&#039;s plea of contribution operated only as an equitable defence and did not alter the character of the action. Under Section 92 of the Transfer of Property Act, a redeeming co-mortgagor acquires only equitable subrogation and reimbursement rights, not the status of a mortgagee in the strict sense. The other co-owner&#039;s right to seek partition therefore survived, and the plaintiff&#039;s claim was maintainable and in time.</description>
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      <pubDate>Mon, 15 Dec 2003 00:00:00 +0530</pubDate>
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