Seller Not Liable for Dues in ‘As Is Where Is’ Property Transfer: SC

K C Ninan Vs Kerala State Electricity Board & Ors. (Supreme Court of India) A. Overview 1. The nineteen cases in this batch of appeals follow a similar pattern of facts. The supply of electricity was discontinued due to the failure of the previous owners to pay the dues for consumption of electricity on the premises. The previous owners had borrowed money or raised loans on the security of their premises. In some cases, the erstwhile owner went into liquidation. The premises were sold in auction sales generally on an “as is where is” basis. The new owners, who purchased the properties ...