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M/S.Sri International vs M/S.Central Bank Of India on 12 April, 2023

For the proposition that the right of redemption extinguishes on issuance of sale certificate, the learned Senior Counsel also ____________ Page 17 of 35 https://www.mhc.tn.gov.in/judis W.P.Nos.32958 & 32016 of 2022 relied upon the judgments, in Bank of Baroda Vs. Karwa Trading Company and Another4, and S.Karthik and Others versus in N.Subhash Chand Jain and Others5, and submitted that on payment of the auction price, peaceful possession should be handed over to the auction purchaser and would therefore, request that the writ petitions be dismissed. D. The Point for Consideration:
Madras High Court Cites 17 - Cited by 0 - Full Document

M/S.Sri International vs M/S.Central Bank Of India on 12 April, 2023

For the proposition that the right of redemption extinguishes on issuance of sale certificate, the learned Senior Counsel also relied upon the judgments, in Bank of Baroda Vs. Karwa Trading Company and Another4, and S.Karthik and Others versus in N.Subhash Chand Jain and Others5, and submitted that on payment of the auction price, peaceful possession should be handed over to the auction purchaser and would therefore, request that the writ petitions be dismissed. D. The Point for Consideration:
Madras High Court Cites 15 - Cited by 0 - Full Document

Ratnamani George vs Canara Bank on 18 May, 2022

2. According to the petitioners, lured by a publication in the website of the respondent intimating the e-auction of an immovable property, a communication was sent by the petitioners on 18-11-2021 offering their bid. As per the terms of the auction notice, petitioners deposited 10% of the reserve price amounting to Rs.10,53,000/- on 06-12-2021 and thereafter the auction was held on 08-12-2021, pursuant to which the petitioners have been notified as the successful bidder having bid the property for Rs.1,06,25,000/-. In the meantime, petitioners were intimated by the respondent that since the Advocate for the respondent had advised not to confirm the sale till the disposal of W.P.(C) No. 27485 of 2021, which was filed by one Sri.E.K. Rajan, the sale could be confirmed only after the disposal of the said writ petition. Relying upon the judgment in Bank of Baroda v. Karwa Trading Company and Another [(2022) SCC Online SC 169], petitioners contend that the sale of the property ought to be W.P.(C) No.9687/22 -:3:- confirmed in their favour, after accepting the balance bid amount.
Kerala High Court Cites 1 - Cited by 0 - B K Thomas - Full Document

Mohd Farooq Chechi vs Baramulla Central Co Opeartive Bank ... on 6 June, 2024

In light of the judgment rendered by the Hon'ble Supreme Court in case titled Bank of Baroda Vs. Karwa Trading Company and Anr. 2022(5) SCC 168 We direct that even if, the Bank takes over the possession of the property as per the provisions of the SARFEASI Act, the same may be symbolic in nature and the petitioner who is the resident of the said houses shall be allowed to continue to remain in the house till further consideration of this matter by this Court.
Jammu & Kashmir High Court - Srinagar Bench Cites 1 - Cited by 0 - Full Document
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