Supreme Court · 1998 INSC 182 · Decided 16 April 1998
Tukaram Ramchandra Mane (Dead) BY LRS. v. Rajaram Bapu Lakule (Dead) BY LRS.
- Court
- Supreme Court of India
- Citation
- 1998 INSC 182 · [1998] 2 S.C.R. 784
- Case number
- CIVIL APPEAL No. 1411/1990
- Decided
- 16 April 1998
- Bench
- K. VENKATASWAMI, AJAY PRAKASH MISRA (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
Insolvency : Provincial Insolvency Act, 1920: Section 37(1). Adjudication of debtor as insolvent-Annulment-Effect of-Debtor, being owner of suit property, transferred to creditor by deed of mortgage by conditional sale of a certain sum-Subsequently, the debtor executed regular sale deed in favour the debtor as an insolvent and appointed official receiver D in respect of the property-later, the Insolvency Court, on evidence, held the regular sale deed to be null and void-Appellate court confirmed the decision-Ultimately, Insolvency Court annulled the adjudication-Held : The
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