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High Court of Karnataka Allows Appeal Against Rejection of Plaint in SARFAESI Act Suit — Limitation Period for Challenge to Auction Sale Under Article 137 of Limitation Act Is Three Years from Date of Sale Confirmation

The appellant, R Venkatapathy, filed a suit (O.S. No. 8639/2006) before the City Civil Court, Bangalore, challenging the auction sale of property cond...

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Bombay High Court Dismisses Appeal by Co-operative Society Challenging Auction Sale of Properties for Recovery of Dues Under Maharashtra Co-operative Societies Act, 1960. Sale Confirmed Despite Allegations of Non-Attachment and Improper Upset Price as No Prejudice Shown.

The appellant, Shegaon Taluka Co-operative Agricultural Purchase and Sale Society Limited, filed a Letters Patent Appeal against the judgment of a Sin...

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Supreme Court Dismisses Appeal by Land Authority Challenging Auction Sale of Nazul Land Due to Delay and Laches. Lease Agreement Did Not Confer Title Without Execution of Lease Deed, but Long Lapse of Time Prevents Challenge.

The appellant, Delhi Development Authority (DDA), executed an agreement of lease dated 17th July 1957 in respect of plot no.3 in favour of M/s Mehta C...

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Supreme Court Allows Appeal of Auction Purchaser in SARFAESI Act Case — High Court Erred in Entertaining Writ Petition Despite Alternative Remedy. Restoration of Securitization Application After Full Payment and Sale Certificate Issuance Held Improper.

The appeal arises from an order of the Division Bench of the High Court for the State of Telangana at Hyderabad, which set aside the DRT's order dismi...

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High Court of Karnataka Quashes Cancellation of Auction Allotment by Urban Development Authority for Violation of Natural Justice. Petitioner's Auction Allotment of Corner Site Cancelled Without Notice, Court Restores Allotment and Directs Execution of Sale Deed.

The petitioner, Smt. Meenakshi W/o Aravind Guttedar, filed a writ petition under Article 226 of the Constitution of India before the High Court of Kar...

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Bombay High Court Dismisses Assignee's Challenge to Auction Sale for Non-Compliance with Regulation 37(1) of DRT Regulations, 2015 — Failure to Raise Objection at Appropriate Stage and Lack of Prejudice Renders Challenge Belated and Unsubstantiated.

The petitioner, Invest Assets Securitisations & Reconstruction Private Limited, an assignee holding a pari passu charge with the first respondent Bank...