https://www.taxtmi.com/caselaws?id=458429 The HC of Calcutta allowed the applicant bank to proceed under the SARFAESI Act, 2002, for the sale of a secured asset without the need for vacant possession, setting aside a prior Co-ordinate Bench order. The bank was directed to advertise the sale, with offers to be submitted and confirmed for the highest bidder. Compliance with the direction to sell the property free from encumbrances and hand over possession to the successful buyer was emphasized, with the matter treated as "heard in part" for further proceedings. en-us Tue, 27 Aug 2019 00:00:00 +0530 Sat, 26 Oct 2024 19:28:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=458429 The HC of Calcutta allowed the applicant bank to proceed under the SARFAESI Act, 2002, for the sale of a secured asset without the need for vacant possession, setting aside a prior Co-ordinate Bench order. The bank was directed to advertise the sale, with offers to be submitted and confirmed for the highest bidder. Compliance with the direction to sell the property free from encumbrances and hand over possession to the successful buyer was emphasized, with the matter treated as "heard in part" for further proceedings. Case-Laws Indian Laws Tue, 27 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=458429