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    <title>1989 (8) TMI 341 - Supreme Court</title>
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    <description>Section 32(8) of the State Financial Corporations Act was treated as importing, as far as practicable, the Code of Civil Procedure execution process for sale of mortgaged property, including the mortgagor&#039;s right under Order 34 Rule 5 to redeem the mortgage unless its application was impracticable. Pending appeals against confirmation of sale meant the auction had not attained irrevocable finality, so the redemption right under the proviso to Section 60 of the Transfer of Property Act remained alive. The scheme contained no inconsistency excluding that right, and the execution application was maintainable.</description>
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    <pubDate>Mon, 07 Aug 1989 00:00:00 +0530</pubDate>
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      <title>1989 (8) TMI 341 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=168219</link>
      <description>Section 32(8) of the State Financial Corporations Act was treated as importing, as far as practicable, the Code of Civil Procedure execution process for sale of mortgaged property, including the mortgagor&#039;s right under Order 34 Rule 5 to redeem the mortgage unless its application was impracticable. Pending appeals against confirmation of sale meant the auction had not attained irrevocable finality, so the redemption right under the proviso to Section 60 of the Transfer of Property Act remained alive. The scheme contained no inconsistency excluding that right, and the execution application was maintainable.</description>
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      <pubDate>Mon, 07 Aug 1989 00:00:00 +0530</pubDate>
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