https://www.taxtmi.com/caselaws?id=298544 The court declined to extend the time for the auction purchaser to deposit the balance amount as they had already deposited 75% of the auction sale price. The court also decided against extending the time period as per Rule 9(4) of the Rules, 2002, due to the positive development. The court expressed its intention to hear the matter finally and determine the rights of the parties over the secured assets, directing the Bank to refrain from issuing the final sale certificate. Notices were directed to be issued to the respondents to ensure their involvement in the proceedings leading to the final decision on the issuance of the final sale certificate. en-us Sat, 12 Dec 2020 00:00:00 +0530 Tue, 09 Nov 2021 08:29:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298544 The court declined to extend the time for the auction purchaser to deposit the balance amount as they had already deposited 75% of the auction sale price. The court also decided against extending the time period as per Rule 9(4) of the Rules, 2002, due to the positive development. The court expressed its intention to hear the matter finally and determine the rights of the parties over the secured assets, directing the Bank to refrain from issuing the final sale certificate. Notices were directed to be issued to the respondents to ensure their involvement in the proceedings leading to the final decision on the issuance of the final sale certificate. Case-Laws VAT and Sales Tax Sat, 12 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298544