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Case Law Details

Case Name : The Committee Representing RBF Nidhi Ltd. Vs Vipanchi Investments Pvt. Ltd. (Madras High Court)
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CASE LAW DETAILS Decided by: HIGH COURT OF MADRAS In The case of: The Committee Representing RBF Nidhi Ltd. v. Vipanchi Investments Pvt. Ltd. Appeal No. : OSA Nos. 343 to 345, 390 to 392 of 2007 & 130 to 132 of 2008 Decided on: February 3, 2009 SUMMARY OF CASE LAW The company in liquidation is entitled to invoke the provisions of section 171 of the Contract Act relating to general lien over the properties offered as security to cover all the loans availed by the owners’ POA and the claim of the owners seeking redemption of the title deeds in terms of section 91 of the Transfer of Pr...
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0 Comments

  1. B.Jayaprakash says:

    next instalment of rbf nidhi ltd falls on which date, if any one knows please respond on my ph: 09908568913 or my email id: regards Jayaprakash.B.

  2. V Lakshminarayanan says:

    I Purchase plot on 1998, and got housing loan for construction in Indian bank, and settled. After 7 years Indian bank authorised officer pasted pocession notice in constructed houses, and unconstructed plots issued action cum sale notice, bankers states mr Ramesh sole prop of Kamachi contruction he failed to repay of loan, he made deposit of title deed along with other properties in various places, deposit of title deeds not registered before 2005. so said we have rights to sell this property. Deposit of title deed is not registered in register office. what is the remedy for bonafide purchases.

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