Auction by Bank: HC Quashes Demand for Interest and Refund of Stamp Duty

Anita Tosniwal Vs Reserve Bank of India (Calcutta High Court)

In the case of Anita Tosniwal vs Reserve Bank of India, the Calcutta High Court has delivered a judgment quashing the demand for interest and refund of stamp duty and registration fee. The court found that there was no proper enquiry conducted about the property before the auction, leading to disputes over ownership rights. This article provides an analysis of the judgment, including the arguments presented by the parties involved and the court’s decision.Please become a Premium member. If you are already a Premium member, login here to access the full content.