https://www.taxtmi.com/caselaws?id=769774 SC upheld auction validity under SARFAESI Act, 2002 where secured asset was sold to successful bidder despite claims of throwaway pricing. Court declined to examine debt quantum, accepting best available offer. Appellant required to pay interest on Rs.27 crore returned to unsuccessful bidder and facilitate peaceful possession transfer within one month. Sale certificate issued, Rs.33 crore deposit to be released to appellant. Special leave petition disposed of with consequential directions for asset delivery. en-us Mon, 28 Apr 2025 00:00:00 +0530 Fri, 02 May 2025 08:54:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769774 SC upheld auction validity under SARFAESI Act, 2002 where secured asset was sold to successful bidder despite claims of throwaway pricing. Court declined to examine debt quantum, accepting best available offer. Appellant required to pay interest on Rs.27 crore returned to unsuccessful bidder and facilitate peaceful possession transfer within one month. Sale certificate issued, Rs.33 crore deposit to be released to appellant. Special leave petition disposed of with consequential directions for asset delivery. Case-Laws Indian Laws Mon, 28 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769774