Patna HC: Disciplinary Authority Cannot Impose Major and Minor Penalties in a Single Order  ||  Calcutta HC: Landlord Decides His Residential Needs; Courts Cannot Set Living Standards in Eviction  ||  Orissa HC: Second Marriage During Subsistence of First Remains Invalid Even After First Wife's Death  ||  Karnataka HC: Appeals Against Acquittal in Bailable Offences Lie Only Before High Court  ||  Supreme Court: Stamp Duty on an Agreement to Sell is Leviable Only if Possession is Transferred  ||  SC: Motive Becomes Irrelevant When Direct Evidence Such as a Dying Declaration is Available  ||  Supreme Court Issues Directions to CoC in Builder Insolvency Cases To Protect Homebuyers’ Interests  ||  MP High Court: Women Retain Reservation Benefits After Marriage if Caste is Recognized in Both States  ||  Allahabad HC: Police Must Prosecute Informants of False Firs, and IOs May Face Contempt if They Fail  ||  MP HP: Over-Age Candidate Cannot Claim Age Relaxation Due to Delay in Earlier Recruitment    

SC: Right to Redeem Mortgage Extinguishes Once Bank Publishes Auction Notice - (22 Sep 2023)

BANKING

Supreme Court has held that right of the borrower to redeem the secured asset stands restricted till the date of publication of sale notice under SARFAESI Act, and not till the completion of the sale or transfer of the secured asset in favour of the auction purchaser.

Tags : SUPREME COURT   SARFAESI   MORTGAGE   REDEEM   AUCTION NOTICE  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved