Continuous application with the interest to protract litigation is not sustainable in law

S. Karthik Vs N. Subhash Chand Jain (Supreme Court of India) Fact- The main issue involved in the present matter is that the auction sale of mortgaged property which was continuously blocked by the guarantors on some pretext or other. Ultimately Indian Overseas Bank disposed off the property via auction sale by way of a second notice under SARFESI Act by giving notice of 10 days. The main question is whether in a subsequent sale, the mandatory 30 days’ notice has to be given or not. Conclusion- Appellants had more than one opportunity for redemption of the mortgage. However, from their condu...