New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Register

    Question

    To redeem or recover possession of immovable property

    mortgaged, the period of limitation to file suit is:
    A Thirty years Correct Answer Incorrect Answer
    B Twelve years Correct Answer Incorrect Answer
    C Three years Correct Answer Incorrect Answer
    D One year Correct Answer Incorrect Answer

    Solution

    Limitation Act: Part V—Suits Relating to Immovable Property: Article 61:  Suit by a mortgagor (a) to redeem or recover possession of immovable property mortgaged the period of limitation is thirty years from the time period when the right to redeem or to recover possession accrues.

    Practice Next