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october 2023

Supreme Court of India · 2023-10-04

UNION BANK OF INDIA vs RAJAT INFRASTRUCTURE PVT. LTD.

Citation / case number
SC 2022/30512
Court
Supreme Court of India
Petitioner
UNION BANK OF INDIA
Respondent
RAJAT INFRASTRUCTURE PVT. LTD.
Author
HON'BLE MS. JUSTICE BELA M. TRIVEDI
Bench
HON'BLE MS. JUSTICE BELA M. TRIVEDI HON'BLE MR. JUSTICE ANIRUDDHA BOSE

Judgment text excerpt

The Supreme Court addressed a dispute involving the sale of a property by a bank through auction, where the auction purchaser claimed to have paid the full amount and sought issuance of the sale letter. The Court examined the procedural history, including prior orders and payments made, to determine whether the bank was obliged to issue the sale letter. The Court emphasized the importance of adhering to auction procedures and the finality of court orders in property transactions, ultimately directing the bank to comply with the auction sale in favor of the purchaser.

UNION BANK OF INDIA vs RAJAT INFRASTRUCTURE PVT. LTD. · Niyam