Supreme Court · 1994 INSC 460 · Decided 17 October 1994

M/S New Kenilworth Hotels (P) LTD. v. Ashoka Industries LTD. and ORS.

Court
Supreme Court of India
Citation
1994 INSC 460 · [1994] SUPP. 4 S.C.R. 427
Case number
CIVIL APPEAL No. 7379/1994
Decided
17 October 1994
Bench
K. RAMASWAMY, N. VENKATACHALA (2-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
Transfer of Property Act Section 60

Headnote

State Financial Corporation Act-Section 29/Transfer of Propelty Act, 1882-Section 61>-Scope of Right of redemption u/s 6o-Mortgage other than A B a mortgage by conditional sale or an anomalous mortgag~Sale pursuant to final decree not confirmed-Mortgagor entitled to exercise right u/s 60-No C Finan- cial Corporation u/s 29 to act as an owner to bring properties of defaulter to sal~orporation not to act in derogation of right u/s 60ofT.P. Act The appellant filed writ petition in the High Conrt seeking for an order to recall the judgment rendered by the High Court in another writ D

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