Bombay High Court Dismisses Petition Challenging SARFAESI Auction for Non-Compliance with Undertaking. Failure to Pay Agreed Amount and Challenge Auction Notice After Possession Constitutes Waiver of Right to Challenge Under Section 13(4) of Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002.
31 Jan 2005The petitioners, Mr. Manoj D. Kapasi and Ruby Coach Building Company, owed Rs.3,64,78,000 to respondent No.2 bank. The bank issued a notice under Sect...




