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Section 437
<br> to enjoy the mortgaged property
The property taken by the creditor as an usufructuary mortgage must be executed within two years from the date of the document related to it or if a separate date is fixed in the document, and from the date the property taken as an usufructuary exceeds the amount owed by the debtor.
(2) If, for any reason, the creditor is unable to enjoy such property within the period under sub-section (1), or if the debtor does not allow it to be enjoyed in any way, he may apply for a decree for the enjoyment of such property in accordance with the law.
(3) In case the creditor does not perform the exercise according to sub-section (1) or if he does not apply for the exercise of treatment according to sub-section (2), such bond shall automatically become inactive.
(4) According to sub-section (3), if the deed of mortgage becomes inoperative, the related deed will be equivalent to Kapali.