Search Results for "Auction Purchase"

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Search Results for "Auction Purchase"

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High Court

Bombay High Court Allows Appeal and Remands Suit for Fresh Hearing Due to Denial of Opportunity to Argue. Appellants Not Heard on Merits Before Dismissal of Suit for Recovery of Electricity Dues Deposited Under Protest After Auction Purchase.

4 Jan 2010

The appellants, M/s. Rukminirama Steel Rollings Pvt. Ltd. and its Managing Director, purchased an industrial unit in auction in 2004. The respondents,...

Supreme Court

Supreme Court hears appeals against High Court order setting aside DRAT decision and remitting bank recovery execution matter for fresh inquiry. The Court examines validity of auction sale of residential property, exemption under Section 60(1)(ccc) CPC, and procedural compliance under RDDB Act and Income Tax Act Rules in execution of compromise decree.

1 Jan 1970

The appeals arose from a judgment of the High Court of Madhya Pradesh dated 15.05.2009 in Writ Petition No. 2199 of 2008, which set aside the order of...

High Court

High Court of Judicature at Bombay Sets Aside Recovery Notices for Sugarcane Purchase Tax and Sales Tax from Auction Purchaser; Petitioner Not Liable for Pre-existing Statutory Dues of Defaulter Sugar Factory. Sale of Secured Assets under SARFAESI Act on 'As Is Where Is' Basis Did Not Include Notice of Tax Dues Absent from Revenue Records at Time of Bid Submission.

1 Aug 2017

The matter arose from a writ petition filed by a sugar factory (petitioner) challenging communications dated 29th November 2016 and 23rd January 2017 ...

Supreme Court

Supreme Court Holds Auction Purchaser Not Liable to Pay Unearned Increase to DDA in Compulsory Acquisition Case. Conversion Charges Refunded as Property Conveyed Was Freehold, Not Leasehold.

12 Feb 2019

The Supreme Court of India heard two cross-appeals arising from a judgment of the Delhi High Court dated 30.03.2016 in LPA No.226 of 2014. The dispute...

High Court

Bombay High Court Allows Auction Purchasers' Challenge to Property Tax Demand — Municipal Corporation Cannot Recover Pre-Auction Arrears from Auction Purchaser Under Section 208B of Mumbai Municipal Corporation Act, 1888. The court held that auction purchasers who bought property through a court-ordered auction conducted by the Official Liquidator are not liable for property tax arrears that accrued prior to the auction.

21 Nov 2006

The petitioners, auction purchasers of a property formerly owned by Jayanti Business Machines Ltd. (in liquidation), challenged a demand by the Munici...

High Court

Bombay High Court Directs Deposit of Balance Bid Amount in Auction Sale of Company in Liquidation. Official Liquidator's Report for Confirmation of Sale of Properties of M/s. Akola Oil Industries Ltd. - Bidders Required to Deposit Balance Amount Within 15 Days.

20 Dec 2014

The Official Liquidator appointed over M/s. Akola Oil Industries Ltd. (in liquidation) filed reports seeking confirmation of auction sales held on 9-1...

High Court

Bombay High Court Allows Auction Purchasers' Petition in SARFAESI Act Case Due to Overriding Effect of Section 26E Over MVAT Act. Property Purchased in SARFAESI Auction Held Free from Prior Sales Tax Attachment Under Section 38C of MVAT Act.

12 Jul 2023

The petitioners, Shailesh K. Bothra and Mukesh C. Karwa, were auction purchasers of a property sold by Cholamandalam Investment & Finance Co. Ltd. (pe...

High Court

Bombay High Court Allows Writ Petition Challenging Auction Sale Confirmation in Cooperative Bank Recovery Proceedings. Vested Right in Auction Purchaser Not Accrued Until Sale Confirmation by Competent Authority Under Maharashtra Cooperative Societies Act, 1960.

12 Sep 2018

The petitioner, Aniruddha Sadashiv Pande, a journalist from Yavatmal, had taken a loan from the Yavatmal Urban Cooperative Bank Ltd. (respondent no.3)...

High Court

Bombay High Court Allows Writ Petition Against DIC and Sales Tax Department for Refusing Transfer of Property Purchased in SARFAESI Auction — Auction Purchaser Not Liable for Previous Owner's Sales Tax Dues. The court held that the auction purchaser under the SARFAESI Act acquires clear title free from prior encumbrances, and the DIC cannot insist on NOC from Sales Tax for transfer of property.

18 Feb 2021

The petitioner, Medineutrina Pvt. Ltd., purchased an immovable property (plot no.206, MIDC, Butibori, Nagpur) in an auction conducted by Punjab Nation...

Supreme Court

Supreme Court Allows Auction Purchaser's Appeal in Execution Sale Dispute — High Court Erred in Invalidating Court Auction Without Setting Aside Decree. Court Auction Sale Confirmed Under Order 21 Rule 92 CPC Cannot Be Invalidated Collaterally in Absence of Fraud or Material Irregularity.

25 Nov 2025

The case arises from a civil suit filed by decree holder) against judgment debtor) for recovery of ₹3,75,000 with interest. The suit was decreed ex ...

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