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october 1965

Supreme Court of India · 1965-10-14

YENUMULA MALLU DORA vs PERURI SEETHARATNAM AND OTHERS

Citation / case number
SC 1964/90370
Court
Supreme Court of India
Petitioner
YENUMULA MALLU DORA
Respondent
PERURI SEETHARATNAM AND OTHERS
Bench
HIDAYATULLAH

Judgment text excerpt

The Supreme Court upheld the adjudication of the appellant as an insolvent under the Provincial Insolvency Act, 1920, specifically referencing Section 6(e) and Section 25. The Court established that an act of insolvency, once committed, cannot be purged by subsequent payments to some creditors, as it remains available to all creditors until all debts are satisfied. The appeal was dismissed, affirming the lower courts' decisions that the act of insolvency was valid despite the appellant's later payment of the decretal amount.

YENUMULA MALLU DORA vs PERURI SEETHARATNAM AND OTHERS · Niyam