Laxmikant Chhotelal Gupta & Ors vs State Of Maharashtra & Ors

The Supreme Court addressed the legality of an auction conducted under the Maharashtra Land Revenue Code, 1966, specifically Sections 202 and 203, concerning the payment of purchase money and consequences of default. The Court held that the auction purchaser must comply with the payment provisions, and failure to do so results in forfeiture of the deposit and resale of the property. The Court upheld the High Court's confirmation of the auction, emphasizing adherence to legal procedures in recovery of sales tax dues.