Purchase of Mortgaged Property

SUPREME COURT OF INDIA
J.P. Builders v/s A.R. Rao
2011 (1) SCC 429 : 2011 (3) AWC 2698 : 2011 AIR (SO 230 2011 (2) ARC 716 : 2011 (1) SCC (Civ.) 227
T.P. Act(1882 – Ss. 56 & 81 – Doctrine of Marshaling – Parties entered into contract of sale and purchase of property which was already mortgaged – suit by vendee against vendor and Bank decreed – Held, doctrine of marshaling available to subsequRead More…