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State Bank Of India And Ignatius vs Kuttappan And Ors. on 20 May, 1998

In view of the fact that this point is covered by the decision of the Division Bench which was approved by the Full Bench, I do not think it necessary to advert in more detail to the decisions in Andhra Pradesh Financial Corporation v. Gar Re-rolling Mills [1994] 80 Comp Cas 140 ; AIR 1994 SC 2151, Maharashtra State Financial Corporation v. Swift Industries [1994] 80 Comp Cas 311 (Bom), Karnataka State Financial Corporation v. Rafiq, ILR [1995] Kar 932 ; [1996] 85 Comp Cas 47 and in Haryana Financial Corporation Ltd. v. Bags and Cartons, AIR 1997 P & H 176 ; [1998] 94 Comp Cas 704 [FB] relied on by counsel for defendant No. 5, the auction purchaser.
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