https://www.taxtmi.com/caselaws?id=199922 The court concluded that the transaction in question was a mortgage, allowing the plaintiffs certain rights over the shares. Despite the defendants' arguments, the plaintiffs were entitled to sue on the original debt and had filed within the limitation period. The court upheld the right of the plaintiffs to sell the shares privately as stipulated in the agreement. Ultimately, the appeal was dismissed, and costs were awarded to the plaintiffs. en-us Thu, 09 Oct 1975 00:00:00 +0530 Thu, 15 Mar 2018 11:19:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199922 The court concluded that the transaction in question was a mortgage, allowing the plaintiffs certain rights over the shares. Despite the defendants' arguments, the plaintiffs were entitled to sue on the original debt and had filed within the limitation period. The court upheld the right of the plaintiffs to sell the shares privately as stipulated in the agreement. Ultimately, the appeal was dismissed, and costs were awarded to the plaintiffs. Case-Laws Indian Laws Thu, 09 Oct 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199922