https://www.taxtmi.com/caselaws?id=218951 A bare notice or unsupported assertion of possible proceedings under the land laws was insufficient to show a legal impediment affecting marketability of property sold under a final court-directed sale. The Court held that, where the sale notice was on an "as is where is basis," the purchaser had to produce the underlying order, notification, record, or proof of any live encumbrance; mere reference to Section 6(3) and Section 57 of the West Bengal Estate Acquisition Act, 1953 did not create a cloud on title. The marketability challenge failed, and only a short final opportunity to pay the balance was granted, failing which forfeiture would operate. en-us Thu, 17 May 2012 00:00:00 +0530 Thu, 29 Nov 2012 12:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218951 A bare notice or unsupported assertion of possible proceedings under the land laws was insufficient to show a legal impediment affecting marketability of property sold under a final court-directed sale. The Court held that, where the sale notice was on an "as is where is basis," the purchaser had to produce the underlying order, notification, record, or proof of any live encumbrance; mere reference to Section 6(3) and Section 57 of the West Bengal Estate Acquisition Act, 1953 did not create a cloud on title. The marketability challenge failed, and only a short final opportunity to pay the balance was granted, failing which forfeiture would operate. Case-Laws Companies Law Thu, 17 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218951