2007 (5) TMI 683

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....wal, Mahesh Agrawal, Gaurav Goel, Amit Kumar Sharma, Neha Aggarwal, Varun Mathur and Mridula Ray Bhardwaj, Advs. JUDGMENT Markandey Katju, J. 1. These appeals have been filed against the impugned judgment and order dated 16.1.2003 of the Bombay High Court in writ petition No. 105/2003. 2. Heard learned Counsel for the parties and perused the record. 3. The appellant had taken a loan from resp....

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....ey has to be paid within 15 days from the date of such sale. Admittedly, in the present case, the aforesaid 85% of the purchase money was not paid within 15 days from the date of the sale nor even thereafter. 5. In Manilal Mohanlal Shah and Ors. v. Sardar Sayed Ahmed Sayed Mahmad and Anr. [1955]1SCR108 , it has been held that in such circumstances there is no sale at all if the balance purchase m....