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    <title>1963 (2) TMI 72 - Supreme Court</title>
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    <description>Section 15 of the Displaced Persons (Debts Adjustment) Act, 1951 stayed civil execution only where a valid application under section 5 was pending before a competent Tribunal; a returned application for want of territorial jurisdiction, with no express stay of the return order, did not attract the statutory stay. A surety bond was also construed strictly: liability arose only if the Court required the judgment-debtor to produce and place the property at its disposal and the debtor then defaulted. As no such requisition or proved default was shown, the bond was unenforceable against the surety and execution failed.</description>
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    <pubDate>Thu, 21 Feb 1963 00:00:00 +0530</pubDate>
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      <title>1963 (2) TMI 72 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=292101</link>
      <description>Section 15 of the Displaced Persons (Debts Adjustment) Act, 1951 stayed civil execution only where a valid application under section 5 was pending before a competent Tribunal; a returned application for want of territorial jurisdiction, with no express stay of the return order, did not attract the statutory stay. A surety bond was also construed strictly: liability arose only if the Court required the judgment-debtor to produce and place the property at its disposal and the debtor then defaulted. As no such requisition or proved default was shown, the bond was unenforceable against the surety and execution failed.</description>
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      <pubDate>Thu, 21 Feb 1963 00:00:00 +0530</pubDate>
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