Capital of Punjab (Development and Regulation) Act, 1952, Section 6, 7, 2(b), Chandigarh Housing Board (Allotment, Management and Sale of Tenaments) Regulations, Rule 12, 3(A) -- Auction of plots on lease hold basis for 99 years - Default in payment of premium and installments - Interest - On the date of auction default interest was 12% p.a. which was enhanced to 24% p.a...........
Chandigarh Leasehold Sites & Building Rules, 1973 -- Residential sites - Commercial sites - Auction purchase - On lease hold basis - Premium for lease - Default in payment - Default interest - Charging at rate of 24% as per general terms & conditions of sale - If the Rule 12(3A) as it stood on the date of auction, provided for rate of interest @ 12% then the rate of..........
Banking service -- Vehicle finance - Default in payment - Forcible possession of the vehicle and sale of the same - Findings of the Fora below about the highhanded of the petitioner Bank and allowing the complaint and award of compensation upheld - As the petitioner had dragged the complainant up to the level of National Commission exemplary cost of Rs. 25,000/ - awarded -..........
Housing -- Junior HIG House - Advertisement - Estoppel - The scheme provided the purchaser would be required to get the sale registered of the plot only and not that of the superstructure - Notification of the State Government under Indian Stamp Act providing for that there is no exemption/reduction in stamp duty in case of HIG houses - Held that any advertisement issued..........
Civil Procedure Code, 1908, Section 60(1)(ccc) -- Dwelling house - Exemption from attachment - Decree of specific performance - Sale deed executed on intervention of Court - Execution for possession - Exemption from attachment of dwelling house is not available when decree is executed for delivery of property decreed...........
Partition Act, 1893, Section 2 -- Partition - Sale of property when division of property cannot reasonably or conveniently be made - Held, that there should be a request from a shareholder - A formal prayer to that effect may not be necessary - A positive finding that the property is incapable of division by metes and bounds is necessary and that the property cannot be..........
Partition Act, 1893, Section 3 -- Partition - Sale of property within shareholders - A shareholder is not debarred from taking part in auction inter alia on the premise that the shareholder may be interested in keeping the property to himself - A balance must be struck in regard to the individual interest of the shareholder having regard to the conflicting interest in the..........
Partition Act, 1893, Section 2, 3 -- Partition - Sale of property - Valuation of property is necessary - Once the provisions of Partition Act are applicable then keeping in view the legal principles attracting construction of Ss.2 & 3 thereof, no deviation, is permissible...........
Partition Act, 1893, Section 2, 3 -- Partition - Sale of property amongst co-sharers - Held, provisions of partition Act are applicable even when sale is amongst co-sharers...........
Partition Act, 1893, Section 6, Civil Procedure Code, 1908, Order 21, Rule 72-A -- Partition - Sale without fixing reserve price is impermissible...........
