Saturday, April 25, 2020

Bank is under legal obligation to handover original documents to appellant after completion of auction sale: SC

FEMA, BANKING & INSURANCE : Where auction sale stood concluded and followed by issuance of sale certificate in favour of appellant being highest bidder, Bank was under legal obligation to handover title deeds or original documents to appellant for completion of formalities of sale, hence, DRT ought to have allowed application filed by Bank for return of original documents

from www.taxmann.com Latest Case Laws https://ift.tt/2xMFT3r
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