Supreme Court · 2017 INSC 1270 · Decided 2 March 2017
Canara Bank v. M. Amarender Reddy & ANR.
- Court
- Supreme Court of India
- Citation
- 2017 INSC 1270 · [2017] 3 S.C.R. 748
- Case number
- CIVIL APPEAL No. 3411/2017
- Decided
- 2 March 2017
- Bench
- DIPAK MISRA, A.M. KHANWILKAR, MOHAN M. SHANTANAGOUDAR (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Security Interest (Enforcement) Rules, 2002: C rr. 8(6) rlw. 1: 9- Notice under - Of intention of sale - l~suance of - Held: The secured credit01~ is required to give a 30 days individual notice of intention of sale in addition to public notice for sale u/r. 8(6) - But both the notices as well as public notice can be issued simultaneously - r.8(6) does not require that the public notice u/r. 8(6) can be issued only after the expiry of D 30 days from issuance of individual notice - The only restriction is to give thirty days time-gap between such notice and the date of sale of
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