2016 (10) TMI 1397

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....CM APPL. 37321/2016 (exemption) Subject to the petitioner filing the certified/typed/legible copies of the documents annexed with the petition within four weeks, the application is allowed and disposed of. W.P.(C) 9229/2016 Issue notice to the respondents on the petitioner filing the process fee within one week, by ordinary process and speed post, returnable on 17.11.2016. CM APPL. 373....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....of the petitioner to repay the amount due and payable to the respondent No.1/Bank. She submits that after the respondent/Bank had taken over possession of the mortgaged project, it proceeded to issue a sale notice dated 02.04.2016 in respect of the subject project on an "As is where is basis" and stipulated in the notice that the interested bidders must submit their tenders on or before 03.05.2016....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....orders. 4. Learned counsel contends that in view of the aforesaid orders, the respondent No.1/Bank had to defer the proposed auction that was scheduled for 03.05.2016. Subsequently, on 20.07.2016, when the parties had appeared before the Debt Recovery Tribunal, the petitioner came to know for the first time from the counsel for the respondent No.1/Bank that they had proceeded to sell the subjec....