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Indian Laws - Highlights / Catch Notes

Home Highlights November 2022 Year 2022 This

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

Indian Laws

November 21, 2022

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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