1. The plaintiff in this suit, inter alia for recovery of Rs.5,37,50,000/- with interest, seeks judgment on admissions. The defendant while contesting the said application also seeks release unto itself of the said amount lying deposited in this Court together with interest accrued thereon.
2. It is not in dispute:
(i) that the defendant on 06.06.2008 got published in the newspapers a notice of public auction to be held on 25.06.2008 CS(OS) No.2363/2010 Page 1 of 29 of various residential and industrial properties as per orders of this Court and the description in the said notice of one of the properties with which the suit is concerned was as under: S. Description of Property Reserve Pric