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    <title>2014 (4) TMI 1048 - Supreme Court</title>
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    <description>An application to set aside a court sale under Order XXI Rule 89 CPC must be accompanied by the requisite deposit within the same limitation period as the application under Article 127 of the Limitation Act. Where no separate period is prescribed for the deposit, the time for filing and the time for deposit are coextensive; the deposit is a condition precedent and sine qua non for maintaining the application. On that basis, the High Court was held to have erred in remitting the matter for reconsideration despite the absence of deposit within the prescribed time, and the application was liable to be rejected.</description>
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      <title>2014 (4) TMI 1048 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=169723</link>
      <description>An application to set aside a court sale under Order XXI Rule 89 CPC must be accompanied by the requisite deposit within the same limitation period as the application under Article 127 of the Limitation Act. Where no separate period is prescribed for the deposit, the time for filing and the time for deposit are coextensive; the deposit is a condition precedent and sine qua non for maintaining the application. On that basis, the High Court was held to have erred in remitting the matter for reconsideration despite the absence of deposit within the prescribed time, and the application was liable to be rejected.</description>
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      <pubDate>Fri, 11 Apr 2014 00:00:00 +0530</pubDate>
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