Section 27 states that after the expiration of the limitation period for instituting a suit for the possession of property, the plaintiff’s right to the property is extinguished.
Key Points:
1. Extinguishment of Right:
- If the limitation period to file a suit for possession of property expires, the right to claim possession is permanently extinguished.
- This means the party can no longer pursue legal remedies for reclaiming the property.
2. Applicability:
- The provision applies to all cases where a suit for possession of property is not filed within the prescribed limitation period.
- The defendant gains the legal right to retain possession of the property.
3. Impact of Expiry:
- The expiration of the limitation period not only bars the remedy but also terminates the substantive right of the plaintiff to the property.
- This provision reinforces the principle of finality in legal disputes.
4. Purpose:
- Section 27 aims to ensure legal certainty and stability in property ownership by encouraging parties to act within the prescribed time.
- It prevents prolonged disputes and ensures that property claims are resolved efficiently.
5. Illustration:
- If A fails to file a suit for possession of property within the prescribed 12 years, their right to the property is extinguished, and the property remains with the current possessor.
