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2017 Supreme(Mad) 2782

M.V.MURALIDARAN
V. Gunasekaran – Appellant
Versus
R. A. N. M. Muthusamy Mudaliar Chits Funds (P) Ltd. – Respondent


Advocates:
Advocate Appeared:
For the Petitioner: Mr.V.Raghavachari
For the Respondents: Mr.K.J.Parthasarathy, Mr.S.Sethuraman

ORDER :

The auction purchaser is the civil revision petitioner before this Court, challenging the order of rejection passed in E.A.No.41 of 2013 in E.P.No.24 of 2009 in A.O.P.No.77 of 2008, dated 18.09.2013, on the file of the Principal District Judge, Erode.

2. The case of the petitioner/auction purchaser is that the petition mentioned property was brought for auction sale by the Principal District Court, Erode on 23.04.2012, in which this petitioner also participated as one of the bidders and purchased the properties for a total consideration of Rs.16,80,000/-. After purchasing the said property, this petitioner also paid a sum of Rs.1,34,400/- towards sale certificate charges within the period on 23.04.2012. After sale proclamation was made for the Court auction sale of the petition mentioned property, the petitioner has purchased the properties for valuable consideration. On proper verification of the property, there was no encumbrance was found in the sale proclamation or encumbrance certificate. He took part in the Court auction on good faith and under bonafide belief participated in the Court auction sale, since there is no risk and encumbrance in the petition mentioned proper

























































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