https://www.taxtmi.com/caselaws?id=290947 The court dismissed the plaintiff's second appeal seeking enforcement of a prior charge or redemption over a property initially secured by a fidelity bond and later mortgaged to the defendants. The court held that the property was sold subject to encumbrances as explicitly stated in the sale deed, emphasizing that any later invalidity of encumbrances benefits the purchaser. The court ruled that the vendor's indemnity against encumbrances ceases post-sale and that the plaintiff's claim of subrogation was not valid as the liability did not mature on the property or the plaintiff. The lower courts' decision was upheld, and costs were awarded against the appellant. en-us Mon, 28 Jan 1957 00:00:00 +0530 Thu, 22 Oct 2020 17:54:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290947 The court dismissed the plaintiff's second appeal seeking enforcement of a prior charge or redemption over a property initially secured by a fidelity bond and later mortgaged to the defendants. The court held that the property was sold subject to encumbrances as explicitly stated in the sale deed, emphasizing that any later invalidity of encumbrances benefits the purchaser. The court ruled that the vendor's indemnity against encumbrances ceases post-sale and that the plaintiff's claim of subrogation was not valid as the liability did not mature on the property or the plaintiff. The lower courts' decision was upheld, and costs were awarded against the appellant. Case-Laws Indian Laws Mon, 28 Jan 1957 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290947