Statute of Limitations, 1957

Extinction of title of mortgagor to mortgaged land after expiration of period for action to redeem land.

35.—Subject to section 52 of the Act of 1891, at the expiration of the period fixed by this Act for a mortgagor to bring an action to redeem land subject to a mortgage, the title of the mortgagor to the land shall be extinguished.