The Supreme Court held that keeping original title deeds in bank lockers is a common practice and does not show buyer’s fault. Finding deliberate concealment of mortgage by the seller, the Court restored the order allowing the buyer to recover the paid amount.
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The Supreme Court termed an appeal as a “legal misadventure” and imposed a penalty of Rs 1.2 lakh on the appellant for pursuing a loan dispute case. The court criticized the wastage of judicial time and directed the penalty to be deposited within six weeks, with specific allocations for welfare and legal aid. The case involved a loan dispute and mortgage of properties.
