Sinha, J. -- 1. Leave granted.

2. What would be the period of limitation in a suit for redemption of mortgage in the factual matrix involved in the present case is the question in this appeal which arises out of a judgment and order dated 19.7.2006 passed by the High Court of Punjab and Haryana in RSA No. 1340 of 1980.

3. A transaction of mortgage in respect of the suit property admeasuring 58 kanals 11 marl as was entered into by and between the predecessors-in-interest of the parties herein. The actual date of execution of the deed of mortgage was not known to the respondent-plaintiffs. However, the said mortgaged properties were mutated in the name of the mortgagees on or about 19.3.1913.

4. A suit for redemption of the said mortgage was filed by the respondents on or about 30.12.1970. The learned trial Court, as also the first appellate Court, dismissed the said suit as being barred by limitation opining that the actual date of mortgage being not known, a decree for redemption of mortgage could not be passed.

5. The High Court, however, in the second appeal preferred there against by the respondent herein, formulated the following substantial questions of law:

"1. Wh