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Companies Law - Highlights / Catch Notes

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Validity of auction sale - Right of the auction buyer - Since ...


Improper Procedure in Auction Sale Questions Validity and Price of Mortgaged Property; Highlights Need for Compliance.

January 12, 2015

Case Laws     Companies Law     SC

Validity of auction sale - Right of the auction buyer - Since the proper procedure for effecting the sale was not followed, it will have to be held that the price fetched through the Appellant cannot be held to be the correct price for the mortgaged property involved in these proceedings. - SC

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