https://www.taxtmi.com/article/detailed?id=12461 The amended SARFAESI provision restricts the mortgagor's right of redemption by requiring full tender of dues before publication of the public auction notice; failure to tender by that date curtails redemption rights otherwise preserved under the Transfer of Property Act. The statutory auction notice and the rules governing publication and confirmation create the operative timeline, and confirmation of sale under those rules confers a vested entitlement in the successful bidder to obtain statutory sale documentation, limiting courts from applying equitable interventions that would undermine the statutory auction process. en-us Wed, 27 Mar 2024 08:32:13 +0530 Wed, 27 Mar 2024 08:32:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=12461 The amended SARFAESI provision restricts the mortgagor's right of redemption by requiring full tender of dues before publication of the public auction notice; failure to tender by that date curtails redemption rights otherwise preserved under the Transfer of Property Act. The statutory auction notice and the rules governing publication and confirmation create the operative timeline, and confirmation of sale under those rules confers a vested entitlement in the successful bidder to obtain statutory sale documentation, limiting courts from applying equitable interventions that would undermine the statutory auction process. Articles Other Topics Wed, 27 Mar 2024 08:32:13 +0530 https://www.taxtmi.com/article/detailed?id=12461