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Indian Laws - Highlights / Catch Notes

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Liability of last owner - Where, as in cases of the E-auction ...


E-auction Purchasers Liable for Electricity Dues: "As Is Where Is" Basis Clarified in Sales Terms.

June 2, 2020

Case Laws     Indian Laws     SC

Liability of last owner - Where, as in cases of the E-auction notice in question, the existence of electricity dues, whether quantified or not, has been specifically mentioned as a liability of the purchaser and the sale is on “AS IS WHERE IS, WHATEVER THERE IS AND WITHOUT RECOURSE BASIS”, there can be no doubt that the liability to pay electricity dues exists on the respondent (purchaser)

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