1IHAR STATE ELECTRICITY BOARD vs M/S. MAA MAMTA COLD SOTRAGE PVT. LTD.

The Supreme Court upheld the validity of the sale of mortgaged properties, affirming that such sale is free from all encumbrances, provided the purchaser pays the statutory dues as specified. The Court emphasized the importance of indemnification clauses in sale agreements, ensuring that the purchaser is protected against any claims or liabilities. The appeal challenging the sale was dismissed, reinforcing the contractual obligations of the parties involved.