Back
IN THE HIGH COURT OF JUDICATURE AT MADRAS
, J
Padmavathy v. Authorised Officer Dhanalakshmi Bank Ltd. Peenya Branch Bangalore and Others
| Table of Content |
|---|
| 1. facts of the case (Para 1 , 2) |
| 2. arguments from both parties (Para 3 , 4 , 6) |
| 3. court's provisions regarding auction notices (Para 5 , 7) |
| 4. judicial standards on auction procedures (Para 8 , 9) |
| 5. discussion of statutory requirements (Para 10 , 11) |
| 6. court's analysis of redemption rights (Para 12 , 13) |
| 7. court's observations on publication procedures (Para 14 , 15 , 16 , 18 , 19) |
| 8. impact of proper notice on auction participation (Para 20 , 21 , 22) |
| 9. precedents set for future auctions (Para 23 , 24) |
| 10. court's reasons for ruling against the auction sale (Para 25 , 26 , 27 , 28) |
| 11. legal basis for the court's conclusion (Para 29 , 30 , 31 , 32) |
| 12. final decision and order of the court (Para 33 , 34) |
1. Challenging the order passed by the Debt Recovery Appellate Tribunal, Chennai, in RA(SA) 78 of 2012 dated 30.01.2017, the petitioner has filed this Writ Petition.
2. Brief facts of the case of the petitioner as averred in the Writ Petition are as follows: -
(i) The petitioner is an 83 - year old lady, who stood as a guarantor to the facilities extended to his son's company viz., Space Mount Inc. Bangalore, for which, her residential property at Salem was given as a sec
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
