https://www.taxtmi.com/caselaws?id=156994 Fraud and suppression of material facts render a decree a nullity, and res judicata cannot be used to protect an order procured by deliberate deception. The court may exercise inherent jurisdiction to recall or set aside such an order. A consent order, though judicially sanctioned, cannot extinguish rights already acquired by a non-party auction purchaser or defeat vested third-party rights created independently of the compromise. The effect of a confirmed auction sale must be considered before giving effect to any review or compromise, and equitable adjustment may be required where the court's own order would otherwise prejudice an innocent third party. en-us Thu, 09 Oct 2003 00:00:00 +0530 Sat, 28 Jun 2025 13:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=156994 Fraud and suppression of material facts render a decree a nullity, and res judicata cannot be used to protect an order procured by deliberate deception. The court may exercise inherent jurisdiction to recall or set aside such an order. A consent order, though judicially sanctioned, cannot extinguish rights already acquired by a non-party auction purchaser or defeat vested third-party rights created independently of the compromise. The effect of a confirmed auction sale must be considered before giving effect to any review or compromise, and equitable adjustment may be required where the court's own order would otherwise prejudice an innocent third party. Case-Laws Indian Laws Thu, 09 Oct 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=156994