https://www.taxtmi.com/caselaws?id=313806 Pendency of an appeal does not, by itself, destroy the finality of a decree, and a limited Supreme Court stay confined to dispossession does not bar statutory proceedings based on the executable part of that decree. Here, the liability for mesne profits remained executable as a money decree, so notice under section 9(2) of the Presidency Towns Insolvency Act, 1909 could validly issue. The court also held that any concern about damage to the respondent's public image was irrelevant under the statute. The order setting aside the insolvency notice was therefore unsustainable, and the appellants were entitled to costs. en-us Mon, 08 Aug 1988 00:00:00 +0530 Fri, 03 May 2024 14:57:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=313806 Pendency of an appeal does not, by itself, destroy the finality of a decree, and a limited Supreme Court stay confined to dispossession does not bar statutory proceedings based on the executable part of that decree. Here, the liability for mesne profits remained executable as a money decree, so notice under section 9(2) of the Presidency Towns Insolvency Act, 1909 could validly issue. The court also held that any concern about damage to the respondent's public image was irrelevant under the statute. The order setting aside the insolvency notice was therefore unsustainable, and the appellants were entitled to costs. Case-Laws Indian Laws Mon, 08 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=313806