ownership. The remainder still remains with the mortgagor and can be transferred by him. The mortgagor' right is as indicated in section ... held to the following effect:
...The right to redeem is a right conferred upon the mortgagor by enactment, of which he can only be deprived
right of
redemption is stated thus:
“The rights of redemption.— The right to redeem a mortgage was formerly
conferred on the mortgagor by a proviso ... rights of redemption — the legal or
contractual right to redeem on the appointed day and the equitable right to
redeem thereafter (g). The equitable right
registration of
transfer of the mortgagor's interest by registered instrument that
the mortgagor's right of redemption will be extinguished. The
conferment ... create third party rights up to a certain time-period, but
it is silent on the rights of the Mortgagor to exercise its redemption
under the puisne mortgage has no right to possession, it can only be because the right of the mortgagor who was entitled to possession ... fact the successor-in-interest of the mortgagor, having acquired all the mortgagor's right, title and interest in the property
right of
redemption is stated thus:-
"The rights of redemption. The right to redeem a mortgage was formerly
conferred on the mortgagor ... mortgagor's right. The mortgagee's right is the right of security
for the respondent of his loan. The mortgagor's right
contribution subsists in the redeeming co-mortgagor, the non-redeeming co-mortgagor will have a corresponding right to pay up his share and get delivery ... right of contribution acquired by the redeeming mortgagor the non-redeeming mortgagor must also acquire a right to enforce recovery of his share
Right of mortgagor to redeem:-
At any time after the principal money has become due, the
mortgagor has a right, on payment or tender ... registration of transfer of the mortgagor's interest by registered instrument
that the mortgagor's right of redemption is extinguished. More importantly
M. Rajendran vs M/S Kpk Oils And Proteins India Pvt. Ltd on 22 September
argued that, right
to redeem has been held to accrue on the date of
mortgage and the said right will be exhaust after 30 years ... reads as under:
"15. We, thus, hold that special right of usufructuary
mortgagor under Section 62 of the TP Act to recover
argued that, right
to redeem has been held to accrue on the date of
mortgage and the said right will be exhaust after 30 years ... reads as under:
"15. We, thus, hold that special right of usufructuary
mortgagor under Section 62 of the TP Act to recover
