- “Once a mortgage always a mortgage”
- Case of purchaser pending lis – Redemption of Mortgage
- By virtue of purchase of the property, the purchaser has purchased the entire equity of redemption.
- Right of redemption is a statutory right.
- Mortgagor has a right of redemption even after sale has taken place pursuant to the final decree, but before the confirmation of sale
- Usufructuary Mortgage
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