Supreme Court · 2015 INSC 867 · Decided 26 November 2015

State of Uttar Pradesh and Others v. United Bank of India and Others

Court
Supreme Court of India
Citation
2015 INSC 867 · [2015] 14 S.C.R. 118
Case number
CIVIL APPEAL No. 5254/2010
Decided
26 November 2015
Bench
M.Y. EQBAL, C. NAGAPPAN (2-judge bench)
Outcome
Disposed off
Case type
Civil
Acts & sections cited
Transfer of Property Act

Headnote

Government Grants Act, 1895 - ss. 2 and 3 - Transfer c of Government land - Property in question leased out by State of Uttar Pradesh, in favour of a Company for a period of 50 years __: The company mutated as lessee in Nazul property register - The lessee-company mortgaged the property appellant-Bank against credit D facilities - On company's failure to pay outstanding dues, suit by appellant-Bank before Calcutta High Court - Mortgage decree passed by the High Court on the basis of settlement arrived at between the parties - Show cause notice to the company by the State

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