https://www.taxtmi.com/caselaws?id=186526 Section 108 of the Karnataka Cooperative Societies Act was treated as conferring a suo motu revisional power on the State Government that could be exercised to correct a miscarriage of justice, so the limitation objection to the Minister's revision was rejected. The Court also held that the auction purchaser could not claim protection as a bona fide third party because the sale was subject to statutory procedure and confirmation, and the confirmation was made after repayment of the principal amount and within a waiver framework. The auction sale confirmation was therefore illegal, the High Court's interference with the Minister's order was unsustainable, and possession was directed to be restored to the appellants. en-us Thu, 15 Oct 2015 00:00:00 +0530 Wed, 21 Sep 2016 14:57:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=186526 Section 108 of the Karnataka Cooperative Societies Act was treated as conferring a suo motu revisional power on the State Government that could be exercised to correct a miscarriage of justice, so the limitation objection to the Minister's revision was rejected. The Court also held that the auction purchaser could not claim protection as a bona fide third party because the sale was subject to statutory procedure and confirmation, and the confirmation was made after repayment of the principal amount and within a waiver framework. The auction sale confirmation was therefore illegal, the High Court's interference with the Minister's order was unsustainable, and possession was directed to be restored to the appellants. Case-Laws Indian Laws Thu, 15 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=186526