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Supreme Court Dismisses Appeal by Stressed Assets Stabilization Fund Against Lease Forfeiture by West Bengal Small Industries Development Corporation. Mortgagee Cannot Claim Rights Superior to Lessee When Lease Has Been Validly Terminated.

The appeal arose from a judgment of the Calcutta High Court which dismissed the appeal of the Stressed Assets Stabilization Fund (SASF) against an ord...

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Karnataka High Court Quashes Cancellation of Site Allotment in APMC Auction for Violation of Natural Justice. Petitioner's Highest Bid Confirmed and Payment Accepted, Yet Allotment Cancelled Without Show Cause Notice — Held Unlawful.

The petitioner, M/s. Rakesh Traders, a licensed trader in APMC, Mysore, was originally allotted site No.369 in 'A' block of the APMC Yard under a leas...