SC: Confirmation of an Auction Sale Does Not Bar Judicial Scrutiny of Reserve Price Valuation  ||  Supreme Court Sets Aside Conviction of Four Men in a 1998 Gang Rape Case  ||  Supreme Court: Privy Purse Privileges of Princely Rulers are Not Enforceable Legal Rights  ||  Delhi HC: Repeated Court Summons May Distress and Re-Traumatize Child Sexual Assault Victims  ||  Jammu and Kashmir High Court: Labeling Someone as a Terrorist Associate Amounts to Defamation  ||  Delhi HC: Setting Aside or Altering a Judge’s Order by a Higher Court Doesn’t Affect Their Integrity  ||  Delhi High Court: Accused Cannot be Faulted For Smart Replies; Interrogator Must be Sharper  ||  Supreme Court: Belated Jurisdictional Challenge Impermissible After Participation in Arbitration  ||  Supreme Court: Failure to Prove Specific Overt Acts of Each Unlawful Assembly Member Not Fatal  ||  Supreme Court: Parental Salary Alone Cannot Determine OBC Creamy Layer Status    

SC: Can’t Set Aside Confirmed Sale Except for Fraud, Collusion, Inadequate Pricing - (16 Dec 2024)

BANKING

SC has explained that any sale by auction or other methods under SARFAESI Act once already confirmed/concluded ought not to be set-aside or interfered with except on grounds such as either being collusive, fraudulent or vitiated by inadequate pricing or underbidding.

Tags : SUPREME COURT   SALE PROCESS   FRAUDULENT  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved