Supreme Court · 2012 INSC 559 · Decided 3 December 2012

Ram Karan Gupta v. J.S. Exim LTD. and ORS.

Court
Supreme Court of India
Citation
2012 INSC 559 · [2012] 12 S.C.R. 683
Case number
CIVIL APPEAL No. 8652/2012
Decided
3 December 2012
Bench
K.S. RADHAKRISHNAN, DIPAK MISRA (2-judge bench)
Outcome
Dismissed
Case type
Civil
Acts & sections cited
CPC Section 94, 95, 84, 85

Headnote

Code of Civil Procedure, 1908 - Or.21, rr.84 and 85 - Auction sale - Auction running into crores of rupees - Held: A B In such a situation, auction purchaser not expected to pay the C amount in cash on the fall of the hammer. Code of Civil Procedure, 1908 - Or.21, r.89 - Object, applicability and a final opportunity to the judgment debtor to save his property by D setting the sale aside before confirmation upon satisfying the decretal debt and by paying compensation to the auction purchaser - Or.21 r.89 CPC is intended to (i) to save the judgment debtor from the threatened deprivation

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