https://www.taxtmi.com/caselaws?id=259139 A surety remains bound by a compromise between the bank and the principal debtors where Section 128 of the Indian Contract Act applies and the guarantee deed expressly makes judgments or awards against the principal debtor binding on the guarantor; ignorance of the settlement does not displace that liability. A completed auction sale, where full consideration has been paid, the sale has been confirmed, the sale certificate issued, and possession has continued for a substantial period, will not ordinarily be set aside on equitable grounds absent compelling legal infirmity. The completed sale and the auction purchaser's possession were protected. en-us Tue, 28 Apr 2015 00:00:00 +0530 Thu, 31 Aug 2017 14:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259139 A surety remains bound by a compromise between the bank and the principal debtors where Section 128 of the Indian Contract Act applies and the guarantee deed expressly makes judgments or awards against the principal debtor binding on the guarantor; ignorance of the settlement does not displace that liability. A completed auction sale, where full consideration has been paid, the sale has been confirmed, the sale certificate issued, and possession has continued for a substantial period, will not ordinarily be set aside on equitable grounds absent compelling legal infirmity. The completed sale and the auction purchaser's possession were protected. Case-Laws Indian Laws Tue, 28 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259139