https://www.taxtmi.com/caselaws?id=112722 A bank's claim to possession and declaratory relief over mortgaged leasehold property failed after the lease expired by efflux of time, because the mortgagor's leasehold interest could not survive beyond the contractual term. The respondents' title and possession, derived from registered transfers, public notice, required statutory permissions and a possession decree, were upheld. Allegations of fraud or illegality were rejected as unproved, and the bank's long delay in challenging the transactions, despite prior knowledge, defeated the relief sought. The bank was therefore held not entitled to possession, declaration or eviction. en-us Fri, 05 Dec 2008 00:00:00 +0530 Sat, 22 Nov 2014 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112722 A bank's claim to possession and declaratory relief over mortgaged leasehold property failed after the lease expired by efflux of time, because the mortgagor's leasehold interest could not survive beyond the contractual term. The respondents' title and possession, derived from registered transfers, public notice, required statutory permissions and a possession decree, were upheld. Allegations of fraud or illegality were rejected as unproved, and the bank's long delay in challenging the transactions, despite prior knowledge, defeated the relief sought. The bank was therefore held not entitled to possession, declaration or eviction. Case-Laws Companies Law Fri, 05 Dec 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112722