Supreme Court · [1997] SUPP. 2 S.C.R. 702 · Decided 15 July 1997
A.P. State Financial Corporation ETC. v. V Ajra Chemicals and ORS. ETC.
- Court
- Supreme Court of India
- Citation
- [1997] SUPP. 2 S.C.R. 702
- Case number
- CIVIL APPEAL No. 4701/1997
- Decided
- 15 July 1997
- Bench
- S.C. AGRAWAL, M. JAGANNADHA RAO (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution
Headnote
FINANCIAL CORPORATION ETC. v. V AJRA CHEMICALS AND ORS. ETC. JULY 15, 1997 B (S.C. AGRAWAL AND M. JAGANNADHA RAO, JJ.) • State Financial Corporations Act-S-29-Default of payments-Recall- cum-sale notice-Requirement of second notice before sale fulfilled -Unit c sold to the highest the lower Court-Nonnally not interfered with-However-Supreme Cowt can and will interfere in cases where without D even a pleading, factual issue is raised at the appeal stage for the first time, and where the findings of the Court are contrary to the contell(s of the affidavits filed ill the case
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