https://www.taxtmi.com/caselaws?id=457929 The Supreme Court considered whether auction purchasers should receive additional time to deposit the balance amount because the COVID-19 lockdown prevented payment. In view of the earlier extensions already granted and the continuing inability to raise funds during the lockdown, further time was allowed. The period for deposit of the remaining amount was extended by two months after lifting of the lockdown, and interest at the lending rate was made payable for the period from 20.03.2020 until the date of deposit. en-us Tue, 12 May 2020 00:00:00 +0530 Mon, 30 Sep 2024 20:24:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457929 The Supreme Court considered whether auction purchasers should receive additional time to deposit the balance amount because the COVID-19 lockdown prevented payment. In view of the earlier extensions already granted and the continuing inability to raise funds during the lockdown, further time was allowed. The period for deposit of the remaining amount was extended by two months after lifting of the lockdown, and interest at the lending rate was made payable for the period from 20.03.2020 until the date of deposit. Case-Laws Indian Laws Tue, 12 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457929