Validity of e-auction sale - property sold by Bank against ...

Supreme Court upholds bank's e-auction sale, overturning High Court's decision; Rule 9(4) breach claim dismissed.

November 21, 2022

Case Laws Indian Laws SC

Validity of e-auction sale - property sold by Bank against recovery of default loan - HC set aside the auction - The finding returned by the Tribunal was well reasoned and duly supported with the material on record and the interference made by the High Court under the impugned judgment while recording a finding that it was in breach of Rule 9(4) of the Rules, 2002 is not legally sustainable in law and deserves to be set aside - SC

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Validity of e-auction sale - property sold by Bank against ...

Supreme Court upholds bank's e-auction sale, overturning High Court's decision; Rule 9(4) breach claim dismissed.

November 21, 2022

Case Laws Indian Laws SC

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