Pravin Gada & Anr vs Central Bank Of India & Ors

The Supreme Court directed the auction of a property to be conducted by the Central Bank of India, emphasizing the need for a public advertisement and a reserve price of 3 crores. The Court mandated that only those who deposit the specified amount would be allowed to participate in the auction, while allowing the petitioners to bid without deposit due to their prior purchase in 2006. The Court clarified that the auction process is subject to the outcome of the ongoing Special Leave Petitions.