Supreme Court · 1995 INSC 667 · Decided 1 November 1995

Central Bank of !noia v. M/S. Madan Lal and Brothers and ORS.

Court
Supreme Court of India
Citation
1995 INSC 667 · [1995] SUPP. 4 S.C.R. 699
Case number
CIVIL APPEAL No. 10022/1995
Decided
1 November 1995
Bench
K. RAMASWAMY, B.N. KIRPAL (2-judge bench)
Outcome
Disposed off
Case type
Civil

Headnote

!NOIA A v. M/S. MADAN LAL AND BROTHERS AND ORS. NOVEMBER J, 1995 [K. RAMASWAMY AND KJRPAL, JJ.J B Civil Pmcedure Code, 1908: Section SI-Decree in execution-Satisfaction of-Sale of hypothecated pmpe1ty to realise decretal debt-In case of shortfall to proceed against any C other asset or may be assessed at its market value as on date and may be put to execution; and that in case the property was not sufficient, proceedings may be taken for D recovery of the bala~ce dues in accordance \vith law. Disposing of the appeal, this Court HELD : The appellant is at liberty, in the first

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