Transfer of Property Act, 1882 – Section 60; Code of Civil Procedure, 1908 – Order 34 Rules 7 & 11; Indian Evidence Act, 1872 – Section 101 – This case involves a Second Appeal filed against the judgment of the First Appellate Court, which had allowed the plaintiff’s (M.K.Kannan) suit for redemption of two mortgage deeds executed with the defendant (Park Town Benefit Fund Ltd). The plaintiff claimed to have repaid the mortgage amount, but the defendant disputed the same, leading to the initial dismissal of the suit by the trial court.
The core issue revolves around whether the plaintiff discharged the mortgage debt, the burden of proof for such discharge, and the applicable interest rate pendente lite. The High Court reformulated the substantial questions of law to address these points specifically, emphasizing the plaintiff’s responsibility under Section 101 of the Indian Evidence Act, 1872 to prove the repayments made.