Court property auction
Querist :
Anonymous
(Querist) 10 July 2011
This query is : Resolved
Hi,
Court auctioned a property of the accused in a recovery suit and a party won the bidding and paid the amount to the court, way back in 1960s. Court passed all the rights to the Party that won the bidding and asked to have the mutation done with the revenue department to get the perfect title. The party approached the government for mutation. Meanwhile there were several cases in both lower and high court contesting the legality of the acution. But all the courts upheld the auction.
Still the mutation is pending. We have the following questions.
1) Is there any time bar on the mutation?
2) Is there any time bar in approching the court on its earlier order?
3) Is there any time bar in asking the court to implement its earlier order and handover the property or equivalent property or any other compensation?
4) If cash compensation is asked , what would be the interest rate and how would be the opportunity cost calculated?
5)Which is the best option, either going to the government and pursue the mutation or going to the court asking to implement its earlier order?
Thanks
