#usufructuary mortgage

Allahabad High Court rules that the limitation period for redeeming a usufructuary mortgage under Section 62 of the Transfer of Property Act starts only when the mortgagor tenders payment, not from the mortgage date. The judgment reinforces the principle that a mortgage remains redeemable indefinitely until payment is tendered, offering critical protection for mortgagors against premature foreclosure.

Punjab & Haryana High Court holds that usufructuary mortgages without fixed redemption periods remain redeemable indefinitely, overturning lower courts' decrees on adverse possession.