BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT
HONOURABLE MRS. JUSTICE S.SRIMATHY
V.S. Rethinakumari – Appellant
Versus
S.R. Ratheesh – Respondent
(S. SRIMATHY, J.)
The issue in C.R.P.(MD)No.2518 of 2024, C.R.P.(MD)No.1846 of 2024 and C.M.A.(MD)No.1349 of 2024, C.M.A.(MD)No.1413 of 2024 and C.M.A. (MD)No.1414 of 2024 are arising out of common facts. Hence all the cases are tagged together and common order is passed.
2.(i). Heard Mr.P.Prabhakaran, the Learned Counsel appearing for the Revision Petitioner and Mr.M.Natarajan, the Learned Counsel appearing for the 1st respondent, Mr.K.P.Narayana Kumar, the Learned Counsel appearing for the 2nd respondent, Mr.Parekh Kumar, the Learned Counsel appearing for the 3rd respondent, Mr.C.Satheesh, the Learned Government Advocate appearing for the respondents 4, 5, 6 and 7 in CRP(MD)No.2518 of 2024.
2.(ii) Heard Mr.P.Prabhakaran, the Learned Counsel appearing for the Mr.A.R.M.Ramesh, the Learned Counsel appearing for the 3rd respondent, Mr.Dilip Kumar, the Learned Counsel appearing for the 4th respondent, Mr.C.Satheesh, the Learned Government Advocate appearing for the respondents 1, 5, 6 and 7 in CMA(MD)No.1413 of 2024.
3.(i) The C.R.P.(MD)No.2518 of 2024 was filed by the defendant V.S.Rethinakumari (in O.S.No.106 of 2011) against the order, dated 12.12.2023 passed in E.A.No.41 of 20
The judgment underscores the mandatory duty of execution courts to assess property sales proportionately to satisfy decrees, emphasizing jurisdictional limitations under the TNPID Act and ensuring co....
The execution court must assess whether the entire property needs to be sold to satisfy the decree, and violations of procedural rules can render sales void.
The court reaffirmed that sales of property in execution must comply with Order 21 of the CPC, ensuring no sale is beyond what is necessary to satisfy the decree. Failure to do so results in material....
A mortgage exists despite subsequent transfers by the mortgagor, and the creditor-debtor relationship in chitty transactions is affirmed, allowing the mortgagee to recover against subsequent assignee....
Properties purchased with depositor funds are subject to attachment under the Tamil Nadu Protection of Interests of Depositors Act, regardless of subsequent transfers.
Properties purchased with funds linked to a defaulting financial establishment can be attached under the Act, regardless of the source of those funds.
Unless there is material irregularity, which has resulted in causing substantial injury to judgment-debtor in conducting sale, question of interference by setting aside sale which was conducted by co....
The Designated Court under the OPID Act is not required to identify affected persons or quantify the money for equitable distribution, as per the provisions of the OPID Act.
The SARFAESI Act, 2002 has overriding effect over state laws, ensuring secured creditors' rights are prioritized in debt recovery.
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.