https://www.taxtmi.com/caselaws?id=287727 Execution courts may determine whether property claimed in execution forms part of the decree, and a separate suit is not required where the controversy is directly connected with execution, discharge or satisfaction of the decree. On that basis, a claim to additional "B" shares arising from pledged "A" shares could be raised under section 47 of the Code of Civil Procedure. The additional shares, issued on capitalisation of profits and received because of the original pledge, were treated as accessions to the pledged property. Applying the principle reflected in section 163 of the Indian Contract Act, the increase followed the pledged shares and was recoverable by the pledgee or her representative. en-us Fri, 05 Dec 1924 00:00:00 +0530 Wed, 29 Apr 2020 17:13:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287727 Execution courts may determine whether property claimed in execution forms part of the decree, and a separate suit is not required where the controversy is directly connected with execution, discharge or satisfaction of the decree. On that basis, a claim to additional "B" shares arising from pledged "A" shares could be raised under section 47 of the Code of Civil Procedure. The additional shares, issued on capitalisation of profits and received because of the original pledge, were treated as accessions to the pledged property. Applying the principle reflected in section 163 of the Indian Contract Act, the increase followed the pledged shares and was recoverable by the pledgee or her representative. Case-Laws Indian Laws Fri, 05 Dec 1924 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287727