Supreme Court of India
Rubinder Singh/rajasthan Financial Corpn. and Ors. v. Rajasthan Financial Corpn. and Ors. Durga Prashad Sharma and Anr.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
What the Court ordered
We are of the view that the High Court was not justified at this stage to give those directions as indicated in the judgment.
Judgment, page 2
From the headnote
Civil Procedure, Code 1908- Miscellaneous Appeal-Auction Sale-Suit impugning validity of sale-Ad-interim injunction-Injunction granted dissolved subsequently- Appeal-Sale set aside-Direction given to conduct sale in manner indicated therein-Error of law in granting relief at stage of miscellaneous appeal. The respondent obtained loan from Financial Corporation and committed default in paying the last instalment. Since he had not paid the amount on repeated notices, the Appellant Corporation took possession of the crusher. The crusher was put to auction. The respondent filed the suit
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