https://www.taxtmi.com/caselaws?id=200059 Omission to serve notice on the heirs of a deceased judgment-debtor under Order 21, Rule 22 CPC affected only that debtor's interest and did not render the execution sale a nullity in whole. A company's article requiring a joint transfer letter applied to private transfers, not to a court auction sale, so it did not bar mutation of the auction-purchasers' names. The suit for mutation and declaration was maintainable despite the Companies Act remedy, and limitation under Article 120 ran only from a clear and unequivocal denial of the plaintiffs' right; the suit was therefore in time. The plaintiffs' exact share and consequential dividend relief remained for factual determination on remand. en-us Thu, 22 Feb 1951 00:00:00 +0530 Mon, 19 Mar 2018 12:34:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=200059 Omission to serve notice on the heirs of a deceased judgment-debtor under Order 21, Rule 22 CPC affected only that debtor's interest and did not render the execution sale a nullity in whole. A company's article requiring a joint transfer letter applied to private transfers, not to a court auction sale, so it did not bar mutation of the auction-purchasers' names. The suit for mutation and declaration was maintainable despite the Companies Act remedy, and limitation under Article 120 ran only from a clear and unequivocal denial of the plaintiffs' right; the suit was therefore in time. The plaintiffs' exact share and consequential dividend relief remained for factual determination on remand. Case-Laws Companies Law Thu, 22 Feb 1951 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=200059