Supreme Court of India · 1996-03-15
SEETHAMMAL vs SENTHIL FINANCE
- Citation / case number
- SC 1995/18605
- Court
- Supreme Court of India
- Petitioner
- SEETHAMMAL
- Respondent
- SENTHIL FINANCE
- Author
- K. RAMASWAMY
- Bench
- K. RAMASWAMY
Judgment text excerpt
The Supreme Court held that the sale of property in execution of a money decree was illegal as it was conducted in excess of the execution. The property, originally valued at Rs.75,000, was sold for only Rs.15,100, with the respondent being a mortgagee of the property. The Court directed the appellant to deposit interest at 18% on the amount deposited by the respondent and allowed the appeal, setting aside the sale. No costs were awarded.