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1987 (3) TMI 527 - SC - Indian LawsExtract: .......bt was paid of. We wish to point out that under the U.P. Debt Redemption Act, 1940 all usufructuary mortgages became self-liquidating mortgages. As held by the High Court in Ram Prasad v. Bishambhar Singh AIR1946All400 , the mortgage money would be deemed to have been paid off. 7. For these reasons, the appeal must fail and is dismissed with costs.
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