https://www.taxtmi.com/caselaws?id=171115 The term "immediately" in Order XXI Rule 84 was construed contextually and purposively, not as an inflexible requirement of same-moment payment. Where the bid was accepted after court hours and the bank was closed, deposit of 25% on the next day, in compliance with the court's direction, satisfied the rule and did not void the auction sale. Confirmation of the sale before expiry of 30 days was also held insufficient by itself to invalidate the sale, particularly when the purchase money was deposited within the time contemplated by Order XXI Rule 85. The impugned orders were set aside, with other contentions left open before the Executing Court. en-us Tue, 23 Jan 2007 00:00:00 +0530 Mon, 23 Nov 2015 19:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=171115 The term "immediately" in Order XXI Rule 84 was construed contextually and purposively, not as an inflexible requirement of same-moment payment. Where the bid was accepted after court hours and the bank was closed, deposit of 25% on the next day, in compliance with the court's direction, satisfied the rule and did not void the auction sale. Confirmation of the sale before expiry of 30 days was also held insufficient by itself to invalidate the sale, particularly when the purchase money was deposited within the time contemplated by Order XXI Rule 85. The impugned orders were set aside, with other contentions left open before the Executing Court. Case-Laws Indian Laws Tue, 23 Jan 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=171115