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Issues:
1. Appeal against reversal of decree by High Court at Allahabad. 2. Complicated mortgage transactions involving multiple parties and properties. 3. Interpretation of decrees in two separate mortgage suits. 4. Application for decree of absolute foreclosure by Gaya Prasad. 5. Suit filed by Gaya Prasad against various parties. 6. Bar under Section 244 of the Civil Procedure Code. 7. Decree for foreclosure absolute in the second mortgage suit. 8. Rights and interests of the parties in the mortgaged property. 9. Adequacy of previous decrees in working out parties' rights. 10. Necessity of a new decree for resolving parties' interests. 11. Appeal against High Court's decree and Subordinate Judge's decree. Analysis: The case involves an appeal against the reversal of a decree by the High Court at Allahabad, concerning complex mortgage transactions. The matter originated from a mortgage by conditional sale executed by Chaudhri Fateh Chand in favor of the respondent and another party. Subsequently, a second mortgage was executed, leading to two separate foreclosure suits. The decrees in these suits were not deemed suitable for the rights of all parties involved, particularly the subsequent incumbrancers. The decree terms did not adequately address the rights of the puisne incumbrancers and mortgagor, necessitating a more comprehensive decree to protect all parties' interests. The application for a decree of absolute foreclosure by Gaya Prasad was initially dismissed by the Subordinate Judge, leading to a separate suit being filed by Gaya Prasad against various parties. The High Court held that this suit was barred under Section 244 of the Civil Procedure Code, as the questions raised should have been addressed in the execution of the previous decree rather than through a separate suit. However, the Privy Council disagreed with this assessment, emphasizing the need for a new decree to resolve the parties' rights adequately. The High Court's decree, which dismissed the suit, was set aside by the Privy Council. The Council determined that the previous decrees did not sufficiently address the rights of Gaya Prasad and the respondent, especially after the redemption of the first mortgage. It was concluded that a new decree was necessary to clarify the parties' interests in the mortgaged property. The Council advised that the appellants and the respondent had become equal owners of the village Patara, subject to specific charges and payment terms outlined in the new decree. In light of the above analysis, the Privy Council allowed the appeal, discharged the High Court and Subordinate Judge's decrees, and provided a detailed declaration of the parties' rights and obligations regarding the mortgaged property. The case was remitted to the Subordinate Judge for further proceedings as per the Council's directions.
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