Statutory Consequence

Supreme Court Affirms SARFAESI Rule: Entire 25 Percent Deposit Forfeitable on Auction Default

SARFAESI Rule Affirmed by Supreme Court: Forfeiture of Entire 25 Percent Deposit on Auction Default

Komal Ahuja Uncategorized 2002, Auction Purchaser, Earnest Money, Forfeiture, Indian Contract Act, Madras High Court, Rule 9(5), Security Interest (Enforcement) Rules, Statutory Consequence, Supreme Court