Supreme Court · 2017 INSC 1176 · Decided 5 December 2017
Bank of India v. Yadav Consultancy Services (P) LTD. and ANR.
- Court
- Supreme Court of India
- Citation
- 2017 INSC 1176 · [2017] 12 S.C.R. 67
- Case number
- CIVIL APPEAL No. 5150/2017
- Decided
- 5 December 2017
- Bench
- KURIAN JOSEPH, R. BANUMATHI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Recovery of Debts due to Banks and Financial Institutions Act, 1993 - s. 3/A - Suit for recovery, filed by Bank against debtors A B - Recovery proceedings - Attachment of property followed by C auction - Issuance of certificate of sale in favour of auction purchasers - Since, Certificate Debtors of possession of the property to auction purchasers, first respondent appointed as Court Commissioner - Direction to the Bank to pay sen1ice charges to first respondent - Even though the Bank had decided to discharge the Court Commissioner with effect D from 08.05.2007 and the Bank also paid
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