1. Heading of the Judgment
Singamasetty Bhagavath Guptha & Anr. vs. Allam Karibasappa (D) by LRS. & Ors.
Citation: Civil Appeal Nos. 12048-12049 of 2018 with Civil Appeal Nos. 12050-12053 of 2018, Supreme Court of India, decided on September 25, 2025.
(2025) INSC 1159
2. Related Laws and Sections
The judgment primarily interprets and applies the following legal provisions:
The Provincial Insolvency Act, 1920:
Section 37(1): This is the central provision in dispute. It states that upon annulment of insolvency, "all sales and dispositions of property and payments duly made, and all acts theretofore done, by the Court or receiver, shall be valid." The property then reverts to the debtor unless the court appoints someone else.Code of Civil Procedure, 1908:
Sections 144 & 151: Pertaining to restitution and the inherent powers of the court to secure the ends of justice.
3. Basic Judgment Details
Parties:
Appellants: Singamasetty
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