Loans were advance and equitable mortgage also created. Loan and EM will complete 12 years this December. Full loan not yet repaid. How to extend the equitable mortgage? Will the mortgagor have to redeposit the title deeds afresh?
Kani 18 June 2022
Loans were advance and equitable mortgage also created. Loan and EM will complete 12 years this December. Full loan not yet repaid. How to extend the equitable mortgage? Will the mortgagor have to redeposit the title deeds afresh?
Shashi Dhara 19 June 2022
Through by executing revival letters and confirmation of balance.
P. Venu (Advocate) 21 June 2022
The query suggests no legal elements; it is more of procedural issues which could be ascertained from the financial institution concerned.
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