https://www.taxtmi.com/article/detailed?id=12097 The amended SARFAESI framework extinguishes a borrower's right to redeem upon publication of the auction notice; if the borrower has not paid full dues by that date the redemption window closes. Once sale is confirmed under the Rules, the successful auction purchaser gains a vested right to the prescribed sale certificate, and the secured creditor cannot withhold the certificate or enter into a private redemption arrangement with the borrower to the detriment of the purchaser. en-us Tue, 05 Dec 2023 10:11:26 +0530 Tue, 05 Dec 2023 10:11:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12097 The amended SARFAESI framework extinguishes a borrower's right to redeem upon publication of the auction notice; if the borrower has not paid full dues by that date the redemption window closes. Once sale is confirmed under the Rules, the successful auction purchaser gains a vested right to the prescribed sale certificate, and the secured creditor cannot withhold the certificate or enter into a private redemption arrangement with the borrower to the detriment of the purchaser. Articles Corporate Laws / IBC / SEBI Tue, 05 Dec 2023 10:11:26 +0530 https://www.taxtmi.com/article/detailed?id=12097