loan amount of Rs. 4,98,308/- and the auction of hypothicated land was fixed for 18.11.2022 but it has been postponed ... Uttar Pradesh Consolidation and Holdings Act, 1953 and the land, which was hypothicated with the Bank has separately been allocated amongst the petitioner
right to receive on the part of the recipient can ex hypothes never be income in the income-tax sense so as to bring them
original S. 56 under which the purchaser of any portion of the hypothicated property did not have the right of marshalling as against the mortgage
applied for the post and secondly, the argument being wholly hypothical in nature cannot be accepted.
28. In the light of foregoing discussion
Godfrey Philips India Limited, A ... vs The Director, Mandi Parishad And Krishi ... on 29 April
secure the payment of the lease money. The mortgage purported to hypothe cate certain properties belonging to the lessees. As the lease-money
being used for building purposes are made to small plots by hypothical building project and leaving out areas necessary for preparing those plots, price
play in this offence. More over, the property no. 5/1234, hypothicated property was taken and put to auction and therefore, the case
amount, particularly, when already installment was being paid and the house stood hypothicated with the opposite party no. 2 and the said cheque at best
apprehension of the informant-bank, the applicant has placed another property for hypothication and with regard to that property also, same apprehension is shown
