realizable value is the auction itself. In the present case, 8
auctions had failed. The 9th auction at the reserve price of Rs. 16.41 crores ... including Appellant.
17. Lastly, it is submitted that, in case the auction is reversed it will deter
all prospective buyers from participating in the auction
realizable value is the auction itself. In the present case, 8
auctions had failed. The 9th auction at the reserve price of Rs. 16.41 crores ... including Appellant.
17. Lastly, it is submitted that, in case the auction is reversed it will deter
all prospective buyers from participating in the auction
realizable value is the auction itself. In the present case, 8
auctions had failed. The 9th auction at the reserve price of Rs. 16.41 crores ... including Appellant.
17. Lastly, it is submitted that, in case the auction is reversed it will deter
all prospective buyers from participating in the auction
learned counsel appearing on
behalf of the auction purchaser that as such the auction purchaser
purchased the property in the execution proceedings after ... Arumugham (1990) 1 SCC
513, subsequent reversal of the decree shall not affect the auction
purchaser who is not a party to the decree
authority constituted under the Act disposed
of urban agricultural property by auction sale. The
High Court had held that disposal of property forming
part ... jurisdiction to dispose of urban
agricultural property by auction-sale.
46. This Court reversing the above opinion of the High
Court held that where
auction
purchaser/respondent No.1 of the 25% of the bid
amount was not made on the date of the auction
as mandatorily required under ... auction purchaser for a direction for execution
of the sale deed was dismissed by the learned
Single Judge. In appeal, the decision was
reversed
that Appeal has become infructuous
since before the Appeal was filed the auction sale took place and the entire
transaction was completed. There was delay ... taken irreversible steps and have altered their position, which could not be
reversed in the facts of the present case.
9. Shri Krishnendu Datta, learned
declared Respondent Nos. 2 and 3 ineligible which
decision was reversed on 21.10.2021 when Respondent Nos. 2 and 3 had
filed an Application ... have requested the Liquidator not to proceed with the
auction notice, hence, it was incumbent on the Liquidator not to proceed
especially when she herself
Authority under Sections 43, 45,
49 and 66 of IBC seeking the reversal of the leasehold rights of the said
land along with Tin shed ... failed
to repay the loan, the subject land had been sold in auction by MPFC to the
Company Appeal (AT)(Insolvency
SINHA, J.
The plaintiffs are in appeal aggrieved by the judgment of
reversal by the High Court in a First Appeal preferred by the
defendants ... plaintiffs to set aside the judgement and decree of auction
dated 26.09.1955 in favour of Govindan, seeking consequent
relief for possession of the suit property
