{"id":83104,"date":"1938-12-14T00:00:00","date_gmt":"1938-12-13T18:06:40","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/ramabadra-reddiar-vs-lakshmambal-ammal-and-anr-on-14-december-1938"},"modified":"2015-01-24T21:40:51","modified_gmt":"2015-01-24T16:10:51","slug":"ramabadra-reddiar-vs-lakshmambal-ammal-and-anr-on-14-december-1938","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/ramabadra-reddiar-vs-lakshmambal-ammal-and-anr-on-14-december-1938","title":{"rendered":"Ramabadra Reddiar vs Lakshmambal Ammal And Anr. on 14 December, 1938"},"content":{"rendered":"<div class=\"docsource_main\">Madras High Court<\/div>\n<div class=\"doc_title\">Ramabadra Reddiar vs Lakshmambal Ammal And Anr. on 14 December, 1938<\/div>\n<div class=\"doc_citations\">Equivalent citations: (1939) 1 MLJ 466<\/div>\n<\/p>\n<pre><\/pre>\n<p>JUDGMENT<\/p>\n<p>1. The decree entitled the decree-holder to interest &#8220;until the date of realization&#8221;. The learned District Judge has held that in a case like this, where the decree-holder has been given permission to bid and set off the date of realization is the date of sale. There is good authority for this in the case of Sait Punnamchand Chatraban Firm v. Vijjapu Satyanandam (1933) 65 M.L.J. 569 : I.L.R. 57 Mad. 38 and we think the learned District Judge was right in relying on that case. That was a case under Section 73 of the Code of Civil Procedure but the language used by the learned Judges and the interpretation of Order 21, r. 72 of the Code of Civil Procedure which they have adopted, are of general application. Learned Counsel for the appellant contends that the words &#8220;date of realization&#8221; in the decree mean the date on which the money is realized by the decree-holder, and he relies on Khalilur-Rahman v. Gokul Prasad (1919) I.L.R. All. 526 and A.S.N. Chettiar Firm v. Imperial Bank of India, Bassein A.I.R. 1937 Rang. 193, in which that view is taken. With respect we prefer to follow the decision of this Court reported in Sait Punnamchand Chatraban Firm v. Vijjapu Satyanandam (1933) 65 M.L.J. 569 : I.L.R. 57 Mad. 38. The decree does not give interest until date of realization by the decree-holder, but simply till date of realization, and that, we think in a case like this is the date of sale. This appeal is accordingly dismissed with costs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Madras High Court Ramabadra Reddiar vs Lakshmambal Ammal And Anr. on 14 December, 1938 Equivalent citations: (1939) 1 MLJ 466 JUDGMENT 1. The decree entitled the decree-holder to interest &#8220;until the date of realization&#8221;. The learned District Judge has held that in a case like this, where the decree-holder has been given permission to bid [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,13],"tags":[],"class_list":["post-83104","post","type-post","status-publish","format-standard","hentry","category-high-court","category-madras-high-court"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ramabadra Reddiar vs Lakshmambal Ammal And Anr. on 14 December, 1938 - Free Judgements of Supreme Court &amp; High Court | Legal India<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/judgments\/ramabadra-reddiar-vs-lakshmambal-ammal-and-anr-on-14-december-1938\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ramabadra Reddiar vs Lakshmambal Ammal And Anr. on 14 December, 1938 - Free Judgements of Supreme Court &amp; 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