https://www.taxtmi.com/caselaws?id=311819 A second SARFAESI sale notice issued after an earlier auction was stalled by interim orders obtained at the borrowers' instance did not require a fresh 30 days' clear notice, because the later notice was treated as a continuation of the same sale process and the earlier statutory notice period had already been given. The challenge to the auction therefore failed and the sale in favour of the auction purchaser was upheld. The right of redemption also ended once the sale certificate was registered, so redemption could not be revived thereafter. The direction to pay surplus sale proceeds to the owner of the property covered by the third notice was affirmed. en-us Thu, 23 Sep 2021 00:00:00 +0530 Mon, 15 Jan 2024 21:00:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=311819 A second SARFAESI sale notice issued after an earlier auction was stalled by interim orders obtained at the borrowers' instance did not require a fresh 30 days' clear notice, because the later notice was treated as a continuation of the same sale process and the earlier statutory notice period had already been given. The challenge to the auction therefore failed and the sale in favour of the auction purchaser was upheld. The right of redemption also ended once the sale certificate was registered, so redemption could not be revived thereafter. The direction to pay surplus sale proceeds to the owner of the property covered by the third notice was affirmed. Case-Laws Indian Laws Thu, 23 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=311819