Harishkumar Gurdasmal Vaswani v. Reserve Bank of India and Ors.
Case brief
What is this about?
Senior citizen petitioner sought vacant possession of auction-purchased agricultural land. Court directed bank to hand over physical possession within four weeks. Failure to do so would result in refund of retained funds with 8% interest.
What did the court decide?
Direction to hand over physical possession within four weeks; else refund of retained sum with 8% per annum simple interest from date of payment until realization.