https://www.taxtmi.com/caselaws?id=284175 The expression "immediately" in Order XXI Rule 84(1) CPC was construed contextually, not as requiring literal instantaneous payment of the 25% auction deposit. The Court held that the obligation to deposit arises after the purchaser is declared at sale, and that practical factors in the execution process, including the time taken for notice of acceptance to reach the highest bidder, may make same-day payment unrealistic. On that reasoning, "immediately" was read as permitting compliance within a reasonable time in the circumstances of the sale, and deposit made on the next working day was treated as valid compliance. The sale was therefore not a nullity. en-us Tue, 13 Nov 1979 00:00:00 +0530 Tue, 05 Nov 2019 10:04:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284175 The expression "immediately" in Order XXI Rule 84(1) CPC was construed contextually, not as requiring literal instantaneous payment of the 25% auction deposit. The Court held that the obligation to deposit arises after the purchaser is declared at sale, and that practical factors in the execution process, including the time taken for notice of acceptance to reach the highest bidder, may make same-day payment unrealistic. On that reasoning, "immediately" was read as permitting compliance within a reasonable time in the circumstances of the sale, and deposit made on the next working day was treated as valid compliance. The sale was therefore not a nullity. Case-Laws Indian Laws Tue, 13 Nov 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284175