Rights of bonafide Purchasers who have purchased properties from Bank would flow from the rights of Bank, such rights are required to be seen from a different angle than the rights of a Bank/Secured Creditor as Bank itself has received the money from the Purchasers – Madhaviben Jitendrabhai Rupareliya Vs. State of Gujarat – Gujarat High Court

The respondent authorities are directed to mutate the names of each of the petitioners in the revenue record by quashing and setting aside any attachment / charge over the property in question by the State or its authorities as there was a first charge of the respondent Bank in each of the petitions

Rights of bonafide Purchasers who have purchased properties from Bank would flow from the rights of Bank, such rights are required to be seen from a different angle than the rights of a Bank/Secured Creditor as Bank itself has received the money from the Purchasers – Madhaviben Jitendrabhai Rupareliya Vs. State of Gujarat – Gujarat High Court Read Post »