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    <title>1972 (7) TMI 115 - PUNJAB AND HARYANA HIGH COURT</title>
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    <description>In a challenge to a Hindu father&#039;s mortgage of joint family property, the court held that the official receiver was not a necessary party because the receiver&#039;s interest was confined to the insolvent&#039;s assets and the secured creditor&#039;s right to realise the security remained protected. It also held that collusion could be inferred where the adult alienors stayed out of the witness-box, and that surrounding business circumstances justified a presumption of legal necessity for the mortgage. On limitation, the suit was treated as one not involving possession, so the residuary limitation article applied from the date the right to sue accrued, rendering the suit time-barred.</description>
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    <pubDate>Mon, 24 Jul 1972 00:00:00 +0530</pubDate>
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      <title>1972 (7) TMI 115 - PUNJAB AND HARYANA HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=303576</link>
      <description>In a challenge to a Hindu father&#039;s mortgage of joint family property, the court held that the official receiver was not a necessary party because the receiver&#039;s interest was confined to the insolvent&#039;s assets and the secured creditor&#039;s right to realise the security remained protected. It also held that collusion could be inferred where the adult alienors stayed out of the witness-box, and that surrounding business circumstances justified a presumption of legal necessity for the mortgage. On limitation, the suit was treated as one not involving possession, so the residuary limitation article applied from the date the right to sue accrued, rendering the suit time-barred.</description>
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      <pubDate>Mon, 24 Jul 1972 00:00:00 +0530</pubDate>
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