Supreme Court · 2007 INSC 885 · Decided 30 August 2007

Syndicate Bank v. Estate Officer & Manager, A.P.I.I.C. LTD. & ORS.

Court
Supreme Court of India
Citation
2007 INSC 885 · [2007] 9 S.C.R. 619
Case number
CIVIL APPEAL No. 7824/2004
Decided
30 August 2007
Bench
S.B. SINHA, MARKANDEY KATJU (2-judge bench)
Outcome
Matter referred to larger bench
Case type
Civil
Acts & sections cited
Transfer of Property Act Section 54, 58

Headnote

A v. ESTA TE OFFICER & MANAGER, A.P.1.1.C. LTD. & ORS. AUGUST 30, 2007 (S.B.SINHAANDMARKANDEYKATJU,JJ.J B Transfer of Property Act, 1882: ss. 54 and 58-Mortgage of land by allottee-Necessity of showing complete/good title and depositing of all the documents of titl(!-land allotted C to a that on full payment oj entire consideration amount, sale deed would be executed and registered in the name of company-Company permitted to mortgage the land to any D scheduled bank to obtain financial assistance to the project-Company obtaining loan by mortgaging land with the bank on the

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