2020 (10) TMI 1373

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....ER Petitioner seeks quashment of communication dated 23.07.2020 and a further direction to quash auction notice dated 20.09.2020. 2. Property in question i.e. House No.403 Ashoka Vihar Colony, Bhopal is a secured asset in the account of one Shri Nawab Khan Son of Shri Basheer Khan, which has been a non performance Asset. The respondent Bank proceeded to auction the same under Section 13 of the S....

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....self. The circular of the Reserve Bank of India relied by the petitioner in paragraph 6.7 of the petition is of no assistance to the petitioner, as it is applicable to the borrowers. Even the impugned cancellation communication reveals that the petitioner was given the reminders and Covid 19 extension which is not denied by the petitioner. 4. In view whereof, we do not perceive any illegality in ....