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HomeIndirect TaxesTechnical Lapses Alone Can’t Invalidate Sale: Madras High Court Upholds Bank’s SARFAESI...

Technical Lapses Alone Can’t Invalidate Sale: Madras High Court Upholds Bank’s SARFAESI Auction

Indirect Taxes

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By Mariya Paliwala
Technical Lapses Alone Can’t Invalidate Sale: Madras High Court Upholds Bank’s SARFAESI Auction

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The Madras High Court has ruled that minor procedural irregularities cannot be grounds to overturn a valid property auction conducted under the SARFAESI Act, affirming the legality of a sale carried out by Indian Bank following a borrower’s default. A Division Bench comprising Chief Justice Manindra Mohan Shrivastava and Justice G. Arul Murugan upheld concurrent…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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