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