M s Bright Enterprises v. Indian Bank
Case brief
What is this about?
In this SARFAESI application, the applicants challenged a sale held by the respondent bank. The court permitted the withdrawal of the application based on counsel’s submissions that a subsequent sale notice was issued, leading to the presumption that the impugned sale was not held. The application was dismissed as withdrawn.
What did the court decide?
SARFAESI application dismissed as withdrawn; interim order if any stands vacated.