Supreme Court · 2022 INSC 1214 · Decided 17 November 2022
MRS. Leelamma Mathew v. M/S Indian Overseas Bank & ORS.
- Court
- Supreme Court of India
- Citation
- 2022 INSC 1214 · [2022] 18 S.C.R. 696
- Case number
- CIVIL APPEAL No. 7128/2022
- Decided
- 17 November 2022
- Bench
- M.R. SHAH, KRISHNA MURARI (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Transfer of Property Act Section 54, 55(1)(a); SARFAESI Act Section 34
Headnote
Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act, 2002) - s.14 - Security Interest (Enforcement) Rules, 2002 (Rules) - r.8(6)(a) and (f) - Transfer of Property Act - ss.54,55(1)(a) - Defendant- under the 2002 Act - Thereafter, the secured asset admeasuring 54 cents was put to auction - Appellant-plaintiff submitted quotation for sale - Bank took the possession of the property - Plaintiff paid total consideration amount - Thereafter, Tehsildar submitted
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)