Ganesh Ramchandra Thakur vs Gopal Lakshman Thakur on 27 February, 1942
3. Mr. Parulekar did not contend that the suit was barred by Article 11. He sought to argue the question of limitation from a new point of view altogether. He urged that the claim of Ramchandra and his son under the first mortgage was a claim for money only and that as their right was denied by Laxman in the suit of 1922 a suit in respect of it was barred under Article 120. It is not the practice of this Court to allow new points to be argued in Letters Patent appeals: Sattappa v. Mahomedsaheb. Anyhow there is no substance in the new argument. The co-mortgagee's right was to recover the money out of the property mortgaged or out of property substituted for the property mortgaged. It was not till March, 1926, when Laxman by compromise with the mortgagor allowed the first mortgage security to be released and acquired the Shirgaon property in lieu of the whole debt due, that he did anything openly and necessarily inconsistent with the rights of his co-mortgagee. The latter would have a period of twelve years, to enforce his right to a proportionate share of the Shirgaon land and the present suit was brought within twelve years.