https://www.taxtmi.com/caselaws?id=357229 Failure to communicate reasons for rejecting a borrower's representation under the security-enforcement framework is mandatory, but may not invalidate enforcement where repayment proposals were substantially considered and repeated repayment opportunities were given. Agricultural-land exclusion depends on the property's actual character and use, rather than revenue entries; land forming part of a commercial hotel asset is not excluded merely because of incidental cultivation or a pending conversion application. Symbolic possession does not prevent a secured creditor from seeking physical possession after sale. Fraud or collusion in a public auction requires a reliable factual foundation; purchaser awareness of disputes is insufficient. The enforcement measures and auction sale remained valid. en-us Mon, 19 Mar 2018 00:00:00 +0530 Wed, 16 Jul 2025 17:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357229 Failure to communicate reasons for rejecting a borrower's representation under the security-enforcement framework is mandatory, but may not invalidate enforcement where repayment proposals were substantially considered and repeated repayment opportunities were given. Agricultural-land exclusion depends on the property's actual character and use, rather than revenue entries; land forming part of a commercial hotel asset is not excluded merely because of incidental cultivation or a pending conversion application. Symbolic possession does not prevent a secured creditor from seeking physical possession after sale. Fraud or collusion in a public auction requires a reliable factual foundation; purchaser awareness of disputes is insufficient. The enforcement measures and auction sale remained valid. Case-Laws Indian Laws Mon, 19 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357229