https://www.taxtmi.com/caselaws?id=314309 After an execution sale has been duly completed, a later private adjustment between the decree-holder and judgment-debtor does not defeat the auction purchaser's accrued interest. Order XXI treats an adjustment under Rule 2 as operating only between the original parties, while a completed sale creates rights in a third-party purchaser. If the judgment-debtor seeks to avoid the sale, the remedy lies only in the procedure under Rule 89 by deposit within the prescribed time; where no such application is made, Rule 92 requires confirmation of the sale. A private arrangement cannot override these statutory steps, and the challenge to the sale was therefore rejected, with the matter remitted for decision on the remaining objections. en-us Tue, 16 Dec 1930 00:00:00 +0530 Fri, 31 May 2024 12:35:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314309 After an execution sale has been duly completed, a later private adjustment between the decree-holder and judgment-debtor does not defeat the auction purchaser's accrued interest. Order XXI treats an adjustment under Rule 2 as operating only between the original parties, while a completed sale creates rights in a third-party purchaser. If the judgment-debtor seeks to avoid the sale, the remedy lies only in the procedure under Rule 89 by deposit within the prescribed time; where no such application is made, Rule 92 requires confirmation of the sale. A private arrangement cannot override these statutory steps, and the challenge to the sale was therefore rejected, with the matter remitted for decision on the remaining objections. Case-Laws Indian Laws Tue, 16 Dec 1930 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314309