Supreme Court · 1996 INSC 1248 · Decided 29 October 1996
M/S. Motors and Investments LTD. v. The New Bank of India and ORS.
- Court
- Supreme Court of India
- Citation
- 1996 INSC 1248 · [1996] SUPP. 8 S.C.R. 141
- Case number
- CIVIL APPEAL No. 14818/1996
- Decided
- 29 October 1996
- Bench
- K. RAMASWAMY, G.B. PATTANAIK (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
Headnote
B Court auction-Property sold in Court auction and confirmed by Court-Price fetched being to meagre and inadequate, High Court directed re-auction of the property-On appeal held, no interference called for - Compensation to the appellant who has deposited the money consequent on the Court with interest to be refunded to the appellant­ Otherwise the appellant is entitled to interest at 18% per annum on the amount from the date of deposit till the date of repayment to the appellant­ Sale to be conducted keeping in view the interest liability. D CIVIL APPELLATE JURISDICTION:
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)