High Court of Karnataka Allows Judgment Debtor's Petition to Set Aside Auction Sale Due to Non-Compliance with Order 21 Rules 84 and 85 CPC. The court held that the auction purchaser's failure to deposit the remaining 75% of the bid amount within 15 days renders the sale null and void, and the execution court cannot validate such a sale.
14 Mar 2014The petitioner, Smt Keeramma, was the judgment debtor in an execution proceeding arising from a money decree obtained by the Life Insurance Corporatio...
