What is the period of limitation for a suit by a mortgagee for foreclosure ?
Under Article 63(a) of the Schedule to the Limitation Act, 1963 ('By a mortgagee—for foreclosure'), the period of limitation is 'Thirty years' from when the money secured by…
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What is the period of limitation for a suit by a mortgagee for foreclosure ?
Answer and explanation
Correct answer C
Under Article 63(a) of the Schedule to the Limitation Act, 1963 ('By a mortgagee—for foreclosure'), the period of limitation is 'Thirty years' from when the money secured by the mortgage becomes due.
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