Wheather mortgage can be redeemed by mothagee from auction purchaser after confirmation of sale
Anonymous
(Querist) 09 January 2016
This query is : Resolved
Mortgagee want his money which he has given to owner of propertyX from me and i am the auction purchaser of property X
i have no role in that mortgage i am just a bonafide purchaser and i got confirmation of sale also he has not come to recover his money before confirmation of sale
After 11 and half years of confirmation of sale he files a suit for recovery against me his case against auction already dismissed
What should i do? to defend myself in court
P. Venu
(Expert) 10 January 2016
The query is short of material facts.
Kumar Doab
(Expert) 10 January 2016
You may redraft your query and post all material facts in detail.
Rajendra K Goyal
(Expert) 10 January 2016
Repeated query:
http://www.lawyersclubindia.com/experts/Limitation-act-578376.asp#.VpIn1fl97IU
Dr J C Vashista
(Expert) 10 January 2016
Are you dissatisfied with the sincere FREE OF COST advise of the experts in your original post? If so, consult a local prudent lawyer.
c.p.s. ramachary
(Expert) 10 January 2016
When the mortgaged property is sold in public auction the status of the mortgage of the property is lost for the purpose of redemption. Hence the question of redemption of the property does not a raise now. The borrower has to purchase the property from there
uction purchaser.
