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KIRAN SUGAR MILLS (PVT?.) LIMITED versus BANKER EQUITY LIMITED


Section 22 Civil Procedure Code (v. 1908), A XXI, Rr 66, 89, 90 and 92 Auction sales, Appellant's ashes were claimed to be the highest bar and his complaint was that the auction was confirmed by this party. Was in favor of which the appellant had a slight increase in the bid, but was only willing to pay, the net amount through installments for the period of sixteen years, the appellant was willing to pay Rs. Not even ready to offer solid security for the amount of securities offered were in the form of Rs 100 million, the auction buyer of the agricultural real estate auctioned Rs 460 million. The legitimate purpose of selling the auction was in favor of the cash offered and the auction confirmed, for the purpose of facilitating the payment of the amount due to the object holders, who, through the sale of the auction, would only pay for the loan. Only a modest amount of money is collected, and it will be greatly defeated. The plaintiffs had raised the question that the order sold by the court was unusual and the High Court refused to interfere in the appeal. The appeal was dismissed in the circumstances.

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