Sri Rafeeqh Ahmed v. Sri Laiq Ahmed
Case brief
What is this about?
Keywords: Partition Act 1893 Section 3 buy at valuation; Section 3(2) competing shareholders highest price above court valuation; Section 2 sale instead of physical division; FDP.No.90/2018; O.S.No.6016/2013; final decree proceedings; public auction of suit house; co-sharer leave to buy; Article 227 certiorari; XX Addl. City Civil & Sessions Judge Bengaluru; writ dismissed.
What did the court decide?
Where two or more shareholders severally apply for leave to buy under sub-section (1) of Section 3 of the Partition Act, the court shall order sale of the share or shares to the shareholder who offers to pay the highest price above the valuation made by the court. ¶64