Supreme Court Judgments, Summarised

by Barrister Tahmidur Rahman | Nov 3, 2026

Summary

A bank obtained an ex parte money decree against the petitioner in Artha Rin Suit No. 04 of 2016 and put the mortgaged property to auction in Artha Execution Case No. 26 of 2021. After an auction under section 33(1) drew no bidders, an auction under section 33(4) was held on 13.09.2023 with three bidders. The Adalat called on the decree holder bank to report the property's value on the auction date, which it put at Tk 2,13,25,790.50, and, rejecting the judgment debtor's application under Order XXI rule 83 of the Code of Civil Procedure, accepted respondent no. 4's highest bid. The judgment debtor challenged that order under article 102, arguing the price was shockingly low against a market value of about Tk 9 crore and that the bidders colluded. The High Court Division held that the bid exceeded both the execution claim and the bank's valuation, that the bank had complied with section 33(2)(ga), and that the collusion allegation had no basis in the record. The Rule was discharged.

Issues

  1. Q1

    Whether the Artha Rin Adalat acted unlawfully in accepting the highest bid in an auction under section 33(4) of the Artha Rin Adalat Ain, 2003 on the ground that the price was shockingly low or the bidders colluded.

Key points

  • Since the auction purchaser's bid exceeded both the amount claimed in the execution case and the outstanding dues and valuation reported by the decree holder bank on the auction date, the price could not be treated as shockingly low so as to set aside the auction.
  • Under the Artha Rin Adalat Ain, 2003 it is the decree holder bank that may raise objection about the price offered by an auction purchaser, and the bank had complied with section 33(2)(ga) by informing the court of the property's value on the auction date.
  • The allegation of collusion among the three bidders based on their pay orders was not supported by any material on record, as they offered different prices and deposited money accordingly.
  • There was no illegality in the order accepting the bid, so the Rule was discharged and the stay vacated.

outstanding dues stood on the date of holding auction so we are of the considered view that, the price quoted by the respondent no. 4 cannot be taken as shockingly low for which the auction can be set aside.

From the judgment, Justice Md. Mozibur Rahman Miah
Law considered

Artha Rin Adalat Ain, 2003, section 33(4)Artha Rin Adalat Ain, 2003, section 33(2)(ga)Code of Civil Procedure, 1908, Order XXI rule 83Constitution of the People's Republic of Bangladesh, article 102

The judgment

In the court’s own words.

Writ Petition 13834/2025, as published by the Supreme Court of Bangladesh. 7 pages, with paragraph numbers for citing.

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