Supreme Court · 2017 INSC 481 · Decided 19 June 2017
Allokam Peddabbayya and Another v. Allahabad Bank and Others
- Court
- Supreme Court of India
- Citation
- 2017 INSC 481 · [2017] 8 S.C.R. 121
- Case number
- CIVIL APPEAL No. 2763/2008
- Decided
- 19 June 2017
- Bench
- RANJAN GOGOI, NAVIN SINHA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- CPC Section 61(a); Transfer of Property Act Section 60; Limitation Act Section 61(a)
Headnote
121 ALLOKAM PEDDABBAYYA AND ANOTHER v. ALLAHABAD BANK AND OTHERS (Civil Appeal Nos. 2763-2764 of2008) JUNE 19, 2017 [RANJAN GOGOi AND NAVIN SINHA, JJ.I Transfer of Property Act, 1882: s. 60, Proviso - Operation of - Equitable mortgage of property A B c by Def No.3 and 4 in 1979 in favour of bank No.2, auction purchaser - Plaintiffs­ appellants stating to have purchased the mortgaged property in 1985 filed suit for redemption of mortgage in 1999 - Suit decreed D by trial court but reversed in appeal by auction purchaser - Second appeal by plaintiffs dismissed - On appeal, held: Right
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