Usufructuary Mortgage | Right of Redemption

The Hon’ble Supreme Court has held that:

“In case of usufructuary mortgage, where no time limit is fixed to seek redemption, the right to seek redemption arises not from the date of mortgage but from the date when the mortgagor pays or tenders to the mortgagee or deposits in Court, the mortgage money or balance thereof.”

📌 Case: Dalip Singh (D) Through LRs & Ors. Vs. Sawan Singh (D) Through LRs & Ors.

Civil Appeal No. 3358 of 2010

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