SINGH RAM (D) TR.LR. vs SHEO RAM .

The Supreme Court addressed the interpretation of Article 61 of the Limitation Act, 1963, specifically regarding the time limit for a usufructuary mortgagor to seek redemption. The Court held that there is no fixed time limit for redemption in the case of usufructuary mortgages, establishing that the right to redeem arises only when the mortgagor pays or tenders the mortgage money. The Court referred the matter to a larger bench to reconcile conflicting opinions from previous judgments, including Prabhakaran & Ors. vs. M. Azhagiri Pillai & Ors. and Jayasingh Dhyanu Mhoprekar & Anr. vs. Krishna Babaji Patil & Anr.