https://www.taxtmi.com/caselaws?id=433063 The court upheld the Adjudicating Authority's decision to allow the Successful Auction Purchaser to withdraw from the e-auction and directed the refund of the Earnest Money Deposit (EMD) and first installment. However, the court set aside the direction to refund these amounts with interest, in line with the terms of the e-auction sale notice that specified no interest on such refunds. en-us Wed, 18 Jan 2023 00:00:00 +0530 Fri, 20 Jan 2023 09:15:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433063 The court upheld the Adjudicating Authority's decision to allow the Successful Auction Purchaser to withdraw from the e-auction and directed the refund of the Earnest Money Deposit (EMD) and first installment. However, the court set aside the direction to refund these amounts with interest, in line with the terms of the e-auction sale notice that specified no interest on such refunds. Case-Laws Insolvency and Bankruptcy Wed, 18 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433063