https://www.taxtmi.com/caselaws?id=356495 Under Section 13(8) of the SARFAESI Act, the borrower's right of redemption continues only until the secured creditor's dues, costs and expenses are tendered before the fixed date for sale or transfer. Once the sale is completed by execution and registration of the sale deed, that right stands extinguished. On the facts noted, the borrower had paid only part of the amount and did not tender the balance before completion of the sale, so the challenge to the sale failed. The deposited amount was nevertheless directed to be refunded with interest, reflecting restitution after the borrower failed to obtain substantive relief. en-us Tue, 06 Mar 2018 00:00:00 +0530 Tue, 23 Sep 2025 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356495 Under Section 13(8) of the SARFAESI Act, the borrower's right of redemption continues only until the secured creditor's dues, costs and expenses are tendered before the fixed date for sale or transfer. Once the sale is completed by execution and registration of the sale deed, that right stands extinguished. On the facts noted, the borrower had paid only part of the amount and did not tender the balance before completion of the sale, so the challenge to the sale failed. The deposited amount was nevertheless directed to be refunded with interest, reflecting restitution after the borrower failed to obtain substantive relief. Case-Laws Indian Laws Tue, 06 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356495