Court rules in favor of auction purchaser in loan default case. Respondent aware of auction notice. Sale upheld.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....SC held that the respondent was aware of auction sale notice and participated in auction process. Despite no proof of notice service, respondent knew of auction. Appellant claimed Rs.22,53,004 due from respondent since 21.03.2013. Respondent rejected cheque for balance amount. High Court's order set aside, sale to auction purchaser confirmed. Appeal allowed.....