Supreme Court: Companies Can Face Prosecution Without Individual Officers Being Named  ||  SC: Penalties on Insolvent Developers cannot be Recovered from Homebuyers as CIRP Costs  ||  Allahabad HC: ‘Sar Tan Se Juda’ Hits Sovereignty, Unlike ‘Allahu-Akbar’, ‘Jai Shri Ram’  ||  Kerala High Court: Married Woman Cannot Claim Sex Was Based Solely on Promise of Marriage  ||  Madras High Court Refuses Equal Recitation of Tamil Hymns With Sanskrit at Meenakshi Temple  ||  Delhi HC: Absence of ‘Penetration’ In Child Victim’s Testimony Not Enough to Acquit Rape Accused  ||  J&K High Court: Possession of Allegedly Anti-National Book Cannot Justify Preventive Detention  ||  Delhi High Court: DNA Evidence Proves Sexual Intercourse, Not Consent  ||  Madras High Court Upholds Appointment of District Judges as Tamil Nadu Lokayukta Secretary  ||  Allahabad High Court: IO’s Mere Apprehension Cannot Justify Withholding Seized Items    

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