JUDGEMENT
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(1.) Leave granted.
(2.) The appellant herein was the auction purchaser, being the highest
bidder for Rs.18,01,000/-, in respect of the land admeasuring one acre in
Khasra Nos.104/3 and 105/2, Patwari Halka No.4, Village Segaon, Anjad Road,
Barwani, M.P., which was brought to sale for recovery of loan amounts under
the provisions of the Securitisation and Reconstruction of Financial Assets
and Enforcement of Security Interest Act, 2002 (for short "the
Securitisation Act"). The auction was confirmed by the bank on 08.11.2005
on the appellant's depositing Rs.2,90,250/- by 09.11.2005 and remaining 75%
within 15 days. The appellant was not put in possession of the property in
question even though the auction was confirmed.
(3.) The appellant auction purchaser then came to know that Respondent
Nos.1 to 5 herein have filed a Civil Suit No.16A/07 in the Court of
District Judge, Barwani District for a declaration of title, partition and
permanent injunction against Respondent Nos.7 to 9 and others in which the
appellant and the bank were also made parties. Following are the reliefs
sought for in the said civil suit:
"(A) Decree may be passed in favour of the plaintiff and
against the defendants for declaration of title to this effect that
one acre land in survey No.104/3 and 105/2 described in plaint para
4 (a) is undivided joint family property of plaintiff and
defendants No.1 to 4 and the defendants have no right to mortgage
it or attachment and auction of the same against any loan recovery
by defendant No.5 and if defendants No.1 to 5 might have created
any charge on the said land then it is not binding on the
plaintiff.
(B) Decree of partition may be passed in favour of the
plaintiffs and against the defendants for division of the suit land
by metes and bounds and decree may be passed for separating the
land of title of the plaintiffs and mutation effected in revenue
papers.
(C) Decree of permanent injunction may be passed in favour of
the plaintiffs against the defendant that the defendants shall not,
directly or indirectly, transfer, auction or interfere over the
suit land of the plaintiff in any manner.
(D) Costs of the suit may be awarded against the defendants.
(E) Other relief which the Hon'ble Court may deem proper may
be granted to the plaintiff against the defendants.";
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