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    <title>1963 (4) TMI 98 - MADRAS HIGH COURT</title>
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    <description>A mortgagee whose security is extinguished when an estate is taken over under the Abolition Act acquires a direct statutory right to receive interim compensation under the Act&#039;s distribution scheme. The statutory entitlement flows from the provisions requiring compensation to be paid to persons whose interests have been transferred to the Government, and it is not cut down by a separate provision addressing another purpose. The document also states that limitation objections based on ordinary civil execution rules do not defeat this statutory claim, because enforcement of compensation rights is distinct from execution of the original decree and is governed by the Act itself.</description>
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    <pubDate>Thu, 18 Apr 1963 00:00:00 +0530</pubDate>
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      <title>1963 (4) TMI 98 - MADRAS HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=276486</link>
      <description>A mortgagee whose security is extinguished when an estate is taken over under the Abolition Act acquires a direct statutory right to receive interim compensation under the Act&#039;s distribution scheme. The statutory entitlement flows from the provisions requiring compensation to be paid to persons whose interests have been transferred to the Government, and it is not cut down by a separate provision addressing another purpose. The document also states that limitation objections based on ordinary civil execution rules do not defeat this statutory claim, because enforcement of compensation rights is distinct from execution of the original decree and is governed by the Act itself.</description>
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      <pubDate>Thu, 18 Apr 1963 00:00:00 +0530</pubDate>
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