In a significant judgment, the Supreme Court of India ruled that an auction purchaser, who was deprived of the use of the amount paid due to the setting aside of an auction sale, is entitled to compensation in the form of interest. The court directed the respondent bank to pay interest to the purchaser, setting
To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.