MADRAS HIGH COURT
M/S.KIRAN GLOBAL CHEMS LTD – Appellant
Versus
M/S.SYNDICATE BANK – Respondent
CRP 2012/2019
['M/S P RAJA', '', 'R SWARNAVEL', 'R RAM KUMAR']
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IN THE HIGH COURT OF JUDICATURE AT MADRAS
Dated : 27.06.2019
CORAM:
THE HON'BLE MR. JUSTICE
M.GOVINDARAJ
C.R.P.(NPD) No. 2012 of 2019
and
C.M.P.No. 13049 of 2019
M/s. Kiran Global Chems Limited,
Represented by its Director
Mr.R.Desikumar,
Vanjur, Karaikkal Taluk,
Karaikkal District.
... Petitioner
Vs.
1. M/s. Syndicate Bank,
Represented by its Branch Manager,
T.Nagar Branch, Chennai – 17.
2. M.Balasubramanian,
Represented by his Power Agent
Mr.K.Selvam
3. M/s.Sankar Traders,
Registered Company,
51, Cathedral Road, Chennai – 86.
4. V.Subramaniyam
5. P.Maitili
S.N.Nadar (Died) Represented by Legal Heirs
Sathiyaseelan (Died) Represented by Legal Heirs
Rajasekaran (Died) Represented by Legal Heirs
6. N.Rettinamani
7. N.Sivagaminathan
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8. D.Navaneethammal
9. D.Jayamammal
10. Shenbagapushpagathammal
11. Ramesh Babu
12. Senpagarajan
13. Nadarajaprabu
14. Pradeep
15. Prasanna
16. Dr.Samrat Asokan
17. Vijayasundar
18. Vijayasundari
19. Rethinamala
... Respondents
(*Respondents 3 to 19 are ex parte*)
20. D.Moorthy
...Auction Purchaser
Civil Revision Petition filed under Article 227 of the Constitution of
India, to set aside the proceedings in the Docket Order dated
06.06.2018 in EP.No.39/1997 in OS.No.2/1982 by the learned Additional
Subordinate Judge, Mayiladuthurai and declare it “null and void”.
For Petitioner : Mr.P.Wilson
Senior Counsel for
Mr.P. Raja
For Respondents : No appearance
ORDER
This Civil Revision Petition is filed by the subsequent purchaser
from the Judgment Debtor.
2. Originally a suit for recovery was filed by the Bank/1st
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respondent on the basis of Mortgage Deed, against one S.N. Nadar.
The 2nd respondent herein was impleaded as 2nd defendant in the suit
as he claimed right over the properties through an agreement for sale.
The suit was decreed in the year 1991 and the same was confirmed by
this Court in Second Appeal.
3. The 2nd defendant discharged the debt to the Bank and got
the decree assigned in his favour. He filed an execution petition in the
year 1997 arraying the said S.N. Nadar as judgment debtor.
4. During the pendency of the execution petition, it appears that
there was some sale transaction, through which, the petitioner
purchased certain properties from the Judgment Debtor in the year
2003. The said S.N. Nadar died and his legal heirs are impleaded as
Judgment Debtors and they remained exparte in the execution
proceedings. The execution Court ordered proclamation of sale and
fixed the upset price at Rs.1,90,90,000/- on 19.09.2016. Since the sale
could not fructify, on the petition filed by the decree holder, the upset
price was reduced to Rs.1,10,00,000/- on 2.4.2018.
5.The relevant portion of the proceedings of the Execution Court
is extracted hereunder;
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02.04.2018
EA.242/17 is pending. Upset price fixed at
Rs.1,10,00,000/-.
Proclamation of sale on 4.6
further hearing-6.6
Batta within 3 days.
06.06.2018
Sale proclamation - Proclaimed by beat of Tom Tom
Order to Nazir - Court notice board affixed
sale warrant - property SL.No.1 to 10 sold for
Rs.1,11,00,000/-
No sitting, hence posted to 07.06.2018
07.06.2018
sale proclamation - proclaimed by beat of Tom Tom
Order to Nazir - Court Notice Board affixed
Sale warrant - property Sl.No.1 to 10 sold for
Rs.1,11,00,000/- (One Crore and eleven lakhs only)
Claim petition and stay petition filed. Taken on file as
per EA.139/2018, EA.140/18.'
6. The proclamation was made by beat of Tom Tom and affixed
on the Court notice board and the property was sold for
Rs.1,11,00,000/- to the 20th respondent herein. At that juncture, the
petitioner filed two execution applications viz., E.A.No.139 and 140 of
2018. Both the applications were dismissed holding that the petitioner is
not a bonafide p