9911796707
TMI Blog2022 (3) TMI 1599X X X X Extracts X X X X X X X X Extracts X X X X ..... h Ms.Shruti Shivkumar, Advocate for respondent/ UOI., Mr. Amit Mahajan, CGSC. Mr. Amit Mahajan, CGSC with Mr.Kritagya Kumar Kait, Advocate for respondent/ ED., Mr. Amit Singh Chadha, Senior Advocate with Ms. Sonakshi, Advocate for respondent R-13/ IIFL., Mr. Ruchir Bhatia and Mr. Shlok Chandra, Advocates for respondent/ IT Department., Mr. Karunesh Tandon and Mr. Rahul Chauhan, Advocate for respon ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TIONS TO THE RESPONDENTS NO.1 TO 7 TO TAKE IMMEDIATE ACTION, AS CONTEMPLATED UNDER LAW, AGAINST ERRING PERSONS / OFFICIALS / OFFICERS / PUBLIC SERVANTS ETC WHO CONNIVED IN THE ABOVE MENTIONED FRAUDULENT TRANSACTIONS." 2. The aforesaid reliefs have been sought in relation to the advancement of loan by respondent No. 13/ Financial Institution, namely, India Infoline Finance Limited (IIFL) to M/s A ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... A. No. 175/2018 . The challenge to the same auction sale of the mortgaged asset at the behest of the borrowers has already failed. 6. Firstly, we fail to appreciate as to how the petitioner can raise any grievance in relation to the said sale transaction, which has been undertaken through a public sale. The petitioner's submission that the property was sold at a price lower than the market price, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l the loan transaction by which loans were advanced to the said borrowers, the submissions of the petitioner relate to the manner in which the Financial Institution has sought to make recovery of a part of the loaned amount by publicly auctioning the asset of the borrowers which was mortgaged to secure the loan. 9. After advancement of his submissions, the petitioner sought leave to withdraw the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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