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1962 (9) TMI 48 - SUPREME COURTWhether a purchase for a pre-determined nominal price of rupee one for property, whatever its actual market value, is a sale by public auction within section 167 of the Code? Whether a sale for a "nominal" bid of Re. 1 is "a sale by auction" within the provisions of the Bombay Land Revenue code? Whether the fact that the defaulter was apprised that Government would bid for a nominal sum of one rupee for the property at the auction renders the sale valid? Held that:- Appeal allowed in part. Appeal is allowed and the suit decreed as regards the three items of land bearing Survey Nos. 35, 40 and 80. The appeal will however stand dismissed as regards the house in village Kurhe.
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