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    <title>2011 (1) TMI 1548 - ANDHRA PRADESH HIGH COURT</title>
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    <description>Order XXI Rule 85 CPC imposes a mandatory obligation on an auction purchaser to deposit the full purchase money within the prescribed time, including the amount needed for non-judicial stamps to engross the sale certificate. Once that statutory period expires, the court cannot use Sections 148 or 151 CPC to enlarge time on equitable grounds or because the purchaser acted bona fide. Failure to comply with the mandatory deposit requirement renders the sale invalid. The late-deposit order was therefore unsustainable, and the revision was allowed.</description>
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    <pubDate>Mon, 31 Jan 2011 00:00:00 +0530</pubDate>
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      <title>2011 (1) TMI 1548 - ANDHRA PRADESH HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=280853</link>
      <description>Order XXI Rule 85 CPC imposes a mandatory obligation on an auction purchaser to deposit the full purchase money within the prescribed time, including the amount needed for non-judicial stamps to engross the sale certificate. Once that statutory period expires, the court cannot use Sections 148 or 151 CPC to enlarge time on equitable grounds or because the purchaser acted bona fide. Failure to comply with the mandatory deposit requirement renders the sale invalid. The late-deposit order was therefore unsustainable, and the revision was allowed.</description>
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      <pubDate>Mon, 31 Jan 2011 00:00:00 +0530</pubDate>
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