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Search Results for "sale certificate"

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High Court

High Court Allows Writ Petitions by Bank and Auction Purchaser, Quashing DRT Order Setting Aside Auction Sale. DRT Exceeded Jurisdiction by Granting Final Relief in Interim Application Under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, Despite Valid Auction Compliance with Rules.

24 Mar 2026

The dispute arose from an order passed by the Debt Recovery Tribunal-III, Mumbai (DRT) setting aside an auction sale conducted by HDFC Bank Limited an...

High Court

High Court of Karnataka Dismisses Writ Petition Challenging Land Allotment Under KIAD Act, Upholding Allotment to Highest Bidder. Petitioner's Claim to Land as Successor to Mining Lease Rejected as Previous Court Orders Concluded Against It and Allotment Was Lawful Under Karnataka Industrial Areas Development Act, 1966.

24 Mar 2026

The dispute arose from a writ petition filed by M/s Katwa Udyog Limited (KUL) challenging the allotment of land measuring 305 acres and 7 guntas at Na...

High Court

High Court of Karnataka Allows Petitioner in Property Dispute and Electricity Disconnection Case Due to Time-Barred Municipal Action and Violation of Court Order. BBMP's Cancellation of Khata After 20 Years Held Time-Barred Under Section 114A of Karnataka Municipal Corporations Act, 1976, and BESCOM's Disconnection Notice Quashed for Disregarding Interim Status Quo Order.

26 Feb 2026

The dispute involved two consolidated writ petitions concerning property rights and administrative actions. The petitioner had acquired Flat No. 3 in ...

High Court

High Court Validates DRAT Order for Pre-Deposit Calculation in Secured Asset Auction Dispute. Pre-deposit determination upheld as per SARFAESI Act, focusing on "debt due" over auction value.

19 Dec 2024

The Bombay High Court upheld the DRAT's order mandating a pre-deposit based on "debt due" when the measures under Section 13(4) of the SARFAESI Act we...

Supreme Court

Supreme Court Upholds Auction Validity: Battle Over Mortgage Redemption and Property Title. A landmark ruling interpreting the SARFAESI Act clarifies borrower and auction purchaser rights amidst contested mortgage and property transfer cases.

13 Dec 2024

The Supreme Court adjudicated a dispute arising from a public auction under the SARFAESI Act involving Celir LLP (auction purchaser), Sumati Prasad Ba...

High Court

Bombay High Court Quashes Stamp Duty Demand in Auction Case. Court clarifies that market value determined in judicial auctions cannot be independently reassessed by stamp authorities.

23 Oct 2024

The Bombay High Court has quashed a demand notice issued for deficit stamp duty and penalty. The Court held that where a property is sold under a cour...

High Court

Resolution of Property Dispute Through Legal Validation and Evidence

18 Oct 2024

A property dispute between M/s Honesty Land Developers and the defendants, where the appellants claim possession and ownership of certain plots in Aur...

Supreme Court

Supreme Court Upholds High Court Order: IDBI Bank's Cancellation of Auction Sale Declared Invalid. Appellant-Bank cannot withhold the sale certificate without proper justification; the auction purchaser's non-deposit of balance sale consideration not considered default.

16 Oct 2024

The Supreme Court dismissed IDBI Bank's appeals, holding that the bank was unjustified in canceling the auction sale of a property in Bogaram village,...

High Court

Demand for Tax Dues Prior to Acquisition Quashed Under IBC Provisions. Bombay High Court rules that tax dues from before the acquisition of a company under the Insolvency and Bankruptcy Code (IBC) cannot be recovered from the buyer of the assets during liquidation proceedings.

8 Oct 2024

The petitioner, sought to quash demand notices issued by the Gram Panchayat, Gowari, seeking recovery of outstanding tax dues pertaining to the period...

High Court

High Court Quashes Order Setting Aside Sale Certificate in Property Auction: Petitioner’s Knowledge of Borrower’s Death Unsubstantiated. Legal heirs’ objection to auction sale dismissed; no evidence of fraud or irregularity found in sale proceedings.

2 Sep 2024

The Petitioner, a Co-operative Credit Society, challenged the order passed by the Divisional Joint Registrar, Kolhapur, which had set aside the Sale C...

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