SARFAESI Auction irregularity: SC directs refund with interest & allows Tenants Who Bid to Stay After Auction Set Aside

Govind Kumar Sharma & Anr Vs Bank of Baroda & Ors (Supreme Court of India) SARFAESI Auction irregularity: SC directs refund with interest & allows Tenants Who Bid to Stay After Auction Set Aside In the case of Govind Kumar Sharma & Anr Vs Bank of Baroda & Ors, the Supreme Court of India delves into the intricacies of SARFAESI Act and the consequences of procedural irregularities in auction sales. The appellants contested the validity of an auction sale that was set aside due to non-compliance with statutory procedures. The crux of the matter revolved around the auction sale...