https://www.taxtmi.com/caselaws?id=298895 An auction sale was not set aside for want of a fresh proclamation because the omission was treated as a procedural irregularity only, and no substantial loss to the judgment-debtor was proved. The Court held that a later willingness by another public body to buy the property at a higher amount did not establish that a fresh proclamation would have produced a better bid. It also held that the winding-up bar did not render the sale void, because winding-up commences on presentation of the petition and the execution had already been put in force through prior attachment. The appeal therefore failed and the sale was upheld. en-us Sat, 22 Jan 1921 00:00:00 +0530 Fri, 26 Nov 2021 10:43:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298895 An auction sale was not set aside for want of a fresh proclamation because the omission was treated as a procedural irregularity only, and no substantial loss to the judgment-debtor was proved. The Court held that a later willingness by another public body to buy the property at a higher amount did not establish that a fresh proclamation would have produced a better bid. It also held that the winding-up bar did not render the sale void, because winding-up commences on presentation of the petition and the execution had already been put in force through prior attachment. The appeal therefore failed and the sale was upheld. Case-Laws Companies Law Sat, 22 Jan 1921 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298895