KOTAK & CO. v. STATE OF U.P

Citation: [1987] 1 S.C.R. 926

Court: Supreme Court of India

Bench: M.P. THAKKAR, B.C. RAY

Case summary

As soon as the question of rateable distribution between the decree-holders and the State having statutory priority is determined, and the Court passes an order as to how to appropriate the assets of the judgment-debtor, the rights of the parties become crystalized....

Judgment text

As soon as the question of rateable distribution between the decree-holders and the State having statutory priority is determined, and the Court passes an order as to how to appropriate the assets of the judgment-debtor, the rights of the parties become crystalized....