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Issues: Whether, under the proviso to Order XXI, Rule 90 of the Code of Civil Procedure, the judgment-debtor was required to deposit the security within the limitation period for filing the application to set aside the sale, or whether such compliance could be made before the application was taken up for consideration.
Analysis: The proviso was construed as requiring compliance before the application is entertained and adjudicated upon, not as making the application time-barred merely because the security was not deposited within the period allowed for filing the application. The earlier single-judge view treating such deposit as a condition to be fulfilled within limitation was held to be overruled. The later Division Bench view was followed, and the contrary observation in another decision was treated as obiter.
Conclusion: The security did not have to be deposited within the limitation period for filing the application under Order XXI, Rule 90 of the Code of Civil Procedure; the revision was allowed and the matter was remitted for giving the applicant an opportunity to comply with the proviso and for deciding the application on merits.