https://www.taxtmi.com/caselaws?id=110363 The borrower's right of redemption under the SARFAESI Act is stated to continue until the secured asset is actually sold or transferred in accordance with law, so payment before completion can preserve redemption. The text also states that, where a secured creditor proceeds by public auction, the Security Interest (Enforcement) Rules require strict compliance with the prescribed thirty-day notice and publication procedure. Non-compliance with those mandatory requirements justifies intervention, and the writ court may set aside the sale notice and related tribunal order when the statutory timeline is breached. en-us Mon, 31 Jan 2005 00:00:00 +0530 Mon, 16 Apr 2012 14:27:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=110363 The borrower's right of redemption under the SARFAESI Act is stated to continue until the secured asset is actually sold or transferred in accordance with law, so payment before completion can preserve redemption. The text also states that, where a secured creditor proceeds by public auction, the Security Interest (Enforcement) Rules require strict compliance with the prescribed thirty-day notice and publication procedure. Non-compliance with those mandatory requirements justifies intervention, and the writ court may set aside the sale notice and related tribunal order when the statutory timeline is breached. Case-Laws Companies Law Mon, 31 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=110363