limitation act

Querist : Anonymous (Querist) 28 July 2011 This query is : Resolved
does lim act apply to all kind of mortgage.what is limitaion for suits in mortgage

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prabhakar singh (Expert) 28 July 2011
YES LIMITATION ACT APPLY TO ALL ACTIONABLE CAUSES INCLUDING MORTGAGES.
LOOK INTO THE SCHEDULE GIVEN IN LIMITATION ACT OR ATTACH THE MORTGAGE DEED AND MENTION THE CAUSE OF ACTION ALSO.
AS GENERAL RULE YOU MAY HAVE AN IDEA OF 12 YEARS WHEN CAUSE RELATES TO LANDS.

s.subramanian (Expert) 28 July 2011
yes. 12 years.

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