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march 1996

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.

SEETHAMMAL vs SENTHIL FINANCE · Niyam