LAXMIKANT CHHOTELAL GUPTA vs STATE OF MAHARASHTRA .

The Supreme Court addressed the validity of an auction sale under the Maharashtra Land Revenue Code, 1966, specifically Sections 202 and 203, which govern 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 confirmed the auction sale despite challenges, emphasizing adherence to legal procedures in auction processes.