Search Results for "Auction Purchase"

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Search Results for "Auction Purchase"

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High Court

High Court of Karnataka Allows Canara Bank's Appeal Against Refund Order in SARFAESI Auction Dispute — Bank Not Obliged to Refund 25% Deposit When Auction Purchaser Defaults on Balance Payment.

16 Oct 2024

The appellant, Canara Bank, conducted an e-auction on 29 November 2021 of a property under the Securitisation and Reconstruction of Financial Assets a...

Supreme Court

Supreme Court Allows Appeal in Land Auction Dispute: Mandatory Deposit Under Section 28 of Bihar & Orissa Public Demands Recovery Act, 1914 Must Be Made Within 30 Days. The Court held that the Certificate Officer cannot extend the time for deposit beyond 30 days from the sale date, and failure to deposit within that period renders the application to set aside the sale invalid.

25 Feb 2020

The case involves an appeal against the Patna High Court's judgment that upheld the setting aside of an auction sale. The dispute arose from a loan ta...

High Court

High Court of Karnataka Quashes E-Auction Notice and Sale Certificate in SARFAESI Act Case Due to Violation of Rule 8(6) of Security Interest (Enforcement) Rules, 2002. Failure to Serve 30-Day Notice Before Auction Renders Sale Void.

14 Dec 2022

The petitioners, Sri T.S. Nataraj, Sri Harsha N., and Smt. N. Seema, filed a writ petition under Articles 226 and 227 of the Constitution of India bef...

High Court

Bombay High Court Allows Writ Petition Challenging Property Tax Attachment After Auction Sale by Official Liquidator. Property purchased through auction by Official Liquidator cannot be attached by Municipal Corporation for pre-sale tax arrears under Section 146 of the Bombay Municipal Corporation Act, 1888.

16 Sep 2005

The petitioners, Anchor Health & Beauty Care Ltd. and Deepak & Co., purchased immovable property of M/s. Nihon Electronics Ltd. (in liquidation) throu...

High Court

Bombay High Court Quashes Stamp Duty Demand on Court-Monitored Auction Sale — Auction Price Constitutes True Market Value Under Maharashtra Stamp Act. The Court held that the Collector cannot reassess market value of property sold under Supreme Court-monitored auction, and stamp duty is payable on actual auction price under Rule 4(6) first proviso of the 1995 Rules.

23 Oct 2024

The petitioners, Trident Estate Private Limited and Ms. Sanjana Goenka, purchased a property in Ambey Valley City, Pune, through an e-auction conducte...

High Court

Bombay High Court Dismisses Bank and Sugar Factory's Petitions Challenging Auction of Cooperative Sugar Factory Assets. Held that the Bank as a secured creditor has a paramount charge over the property and the auction sale cannot be set aside after confirmation and payment.

30 Nov -0001

The case involves a dispute over the auction sale of assets of Doulat Shetkari Sahakari Sakhar Karkhana Ltd., a cooperative sugar factory, by the Kolh...

High Court

High Court of Gujarat Quashed Order Refusing Registration of Sale Deed in SARFAESI Act Case — Reasoning that SARFAESI Act Overrides State VAT Attachment. Sub-Registrar Directed to Register Sale Certificate Issued by Bank, as Prior Attachment Under Gujarat VAT Act Does Not Bar Registration.

20 Mar 2026

The petitioner, a successful auction purchaser, filed a writ petition under Article 226 of the Constitution challenging the refusal of the Sub-Registr...

High Court

High Court of Karnataka Allows Auction Purchaser's Writ Petition for Delivery of Possession Under Order 21 Rule 95 CPC — Limitation Period Computed from Date of Confirmation of Sale, Not from Date of Sale Certificate. The court held that the application for delivery of possession filed within one year from the date of confirmation of sale is within limitation under Article 134 of the Limitation Act, 1963.

24 Mar 2014

The petitioner, Abdul Ubedulla, was the auction purchaser in a court sale conducted in execution of a decree in O.S. No. 123/1999 on the file of the P...

High Court

Bombay High Court Allows Transfer of MIDC Plot to Auction Purchaser in Winding Up Proceedings — Official Liquidator's Sale Confirmed Despite MIDC's Objection. Court holds that MIDC cannot refuse transfer of property sold by Official Liquidator in company winding up, as the sale is conducted under court supervision and the purchaser steps into the shoes of the company.

21 Aug 2020

The applicant, M/s. Metal Tubes and Rolling Mills, filed a Company Application seeking directions against the Regional Officer, MIDC (Respondent No.2)...

High Court

Bombay High Court Allows New Electricity Connection Without Arrears for Auction Purchaser. Purchaser of property in auction from Sales Tax Department cannot be saddled with previous owner's electricity dues under Section 24 of the Indian Electricity Act, 1910.

12 Apr 2006

The petitioner, Miss Tulsa Dongre, purchased Shop No.4 of Deep Apartments from the Sales Tax Department in an open auction held on 17 October 2003 for...

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