https://www.taxtmi.com/article/detailed?id=16178 Confirmed auction sales in debt recovery proceedings are ordinarily protected, but that protection is not absolute where the valuation or reserve price fixation is credibly questioned. The dispute concerned a DRT auction sale that had been confirmed in favour of a third-party purchaser, after which the High Court remitted the matter only for reconsideration of the valuation of the mortgaged properties and the fixation of reserve price. The remand was limited to examining whether the valuation process complied with law and whether the recovery process had secured the best possible value of the secured asset. en-us Fri, 10 Apr 2026 09:03:58 +0530 Fri, 10 Apr 2026 09:03:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16178 Confirmed auction sales in debt recovery proceedings are ordinarily protected, but that protection is not absolute where the valuation or reserve price fixation is credibly questioned. The dispute concerned a DRT auction sale that had been confirmed in favour of a third-party purchaser, after which the High Court remitted the matter only for reconsideration of the valuation of the mortgaged properties and the fixation of reserve price. The remand was limited to examining whether the valuation process complied with law and whether the recovery process had secured the best possible value of the secured asset. Articles Other Topics Fri, 10 Apr 2026 09:03:58 +0530 https://www.taxtmi.com/article/detailed?id=16178