Supreme Court · 2024 INSC 780 · Decided 16 October 2024
Idbi Bank LTD. v. Ramswaroop Daliya and ORS.
- Court
- Supreme Court of India
- Citation
- 2024 INSC 780 · [2024] 10 S.C.R. 1371
- Case number
- CIVIL APPEAL No. 11115/2024
- Decided
- 16 October 2024
- Bench
- PANKAJ MITHAL, R MAHADEVAN (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
Whether there was any default on part of the respondents-auction purchasers in depositing the balance auction amount within the time prescribed pursuant to the auction sale so as to attract Rule 9(4) of the Security Interest (Enforcement) Rules, 2002 and allow the which had already been confirmed. Security Interest (Enforcement) Rules, 2002 - r.9(4), (5) - When not applicable: Held: The period to deposit the balance sale consideration under r.9(4) is not absolute/sacrosanct and is extendable with the consent in writing of
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)