Supreme Court Upholds Extinguishment of Redemption Right After Auction Sale: Allokam Peddabbayya vs. Allahabad Bank (2017)

/ Code of Civil Procedure, Code of Civil Procedure with Order XXXIV, Judges, Navin Sinha, Ranjan Gogoi, Rights of Mortgagor, Transfer of Property Act, 1882, Transfer of Property Act, 1882 with Section 60, Transfer of Property Act, 1882 with Section 91

LEGAL ISSUE: Whether the right to redeem a mortgaged property is extinguished after an auction sale and issuance of a sale certificate, even if the purchaser of the equity of redemption was not a party to the foreclosure suit. CASE TYPE: Civil (Mortgage Redemption) Case Name: Allokam Peddabbayya and another vs. Allahabad Bank and others […]

Supreme Court Upholds Extinguishment of Redemption Right After Auction Sale: Allokam Peddabbayya vs. Allahabad Bank (2017) Read Post »