https://www.taxtmi.com/caselaws?id=187831 In compulsory recovery and auction proceedings, strict compliance with the statutory requirements for service of notice, proclamation, valuation and publicity was mandatory, and failure to serve the demand notice properly or to issue a valid sale proclamation vitiated the process. The Court also treated the auction deposit requirements as mandatory, so doubtful payment of the 25% deposit at the sale and delayed payment of the balance rendered the sale unsustainable. However, the adverse strictures and direction for disciplinary action against the officers were found excessive and were expunged. en-us Fri, 16 May 2008 00:00:00 +0530 Tue, 08 Nov 2016 16:35:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187831 In compulsory recovery and auction proceedings, strict compliance with the statutory requirements for service of notice, proclamation, valuation and publicity was mandatory, and failure to serve the demand notice properly or to issue a valid sale proclamation vitiated the process. The Court also treated the auction deposit requirements as mandatory, so doubtful payment of the 25% deposit at the sale and delayed payment of the balance rendered the sale unsustainable. However, the adverse strictures and direction for disciplinary action against the officers were found excessive and were expunged. Case-Laws Indian Laws Fri, 16 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187831