State Bank of India,Kattappana v. Chellappa,S/O.Late Rajamani Pillai
Case brief
What is this about?
In an execution petition filed by a bank to recover dues, the High Court held that the execution court can reduce the upset price despite a prior fixation. The Court set aside orders dismissing two applications related to the sale proceedings and remanded the matter to the Subordinate Judge to proceed afresh, allowing judgment debtors an opportunity for a one-time settlement.
What did the court decide?
Orders dismissing E.A.No.137/2002 and E.P.No.65/1994 were set aside; the execution petition O.S.No.12/1984 was remanded to the Subordinate Judge to proceed afresh.