Fairness Is Not a One-Way Street; Chronic Defaulters Cannot Defeat Recovery by State Financial Corporations: Supreme Court

The Supreme Court of India has ruled that courts cannot sustain the nullification of a confirmed auction sale of a mortgaged property when the borrowers have persistently failed to regularize their accounts despite multiple opportunities. A division bench of the Supreme Court, comprising Justice Sanjay Karol and Justice N. Kotiswar Singh, allowed the appeals filed

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