2009 Supreme(Raj) 2425
RAJASTHAN HIGH COURT
Gopal Krishan Vyas, J.
Khalil Ahmed - Appellant
Versus
Rajasthan Financial Corporation and others - Respondent
Civil Misc. Appeal No. 235 of 1997.
Decided On : 4-11-2009
For the Respondents:S.G. Ojha and Sanjay Nahar on behalf of P.K. Bhansali, Advocates.
Headnote:Civil Procedure Code, 1908, Order 39 Rule 1 and 3 – S. 94 read/with 151 – The present appeal is against the dismissal of application of temporary injunction – The present court held that suit being pending since 1997 and as well as appeal – The present court directed the trial court for deciding freshly within time period of 6months – Appeal disposed.
"The basic objection of learned counsel for the appellant is that respondent-R.F.C. before putting the property to auction, has not got the property valued and in view of the judgment in the case of Mahesh Chandra the property was required to be valued. Learned counsel for the appellant submits that property is valued to the tune of Rs. 50 lacs. The figure appears to be highly inflated. However, the figure if reduced by 30 lacs and an opportunity is given to the appellant that he may bring purchaser for Rs. 30 lacs, then the- appellant will make an application in this regard. Counsel for the R.F.C. has no objection if this opportunity is granted to the appellant, The appellant to make an endeavour that property at the price of Rs. .30 lacs may be sold. One month's time is granted to make an effort to get the property sold at the above price by 20.06.1998. He must take all necessary steps in this regard and submit the purchasers and purchase money to R.F.C. as required by R.F.C. In case, the appellant fails to bring any purchaser then respondent-R.F.C. will be at liberty to deal with the property in any manner as it deems fit and proper. It will also consider if any other proposal put forward by the appellant. With these observations, the stay petition is disposed of."
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