Transfer of Property Act, 1882–Sec. 58–Limitation Act, 1963–Art. 70–Decree of redemption of mortgage–Set aside by the First Appellate Court with the view that the suit was beyond the prescribed limitation–Plaintiffs gave the notice for redemption of pledged property to the defendant on 15.06.1981 and they filed the suit within three years of the notice–Appellate Court wrongly considered the issue of limitation.


