Allowed
Mrs Rohini Mirdwal and Ors. v. J.C. Flowers Asset Reconstruction Private Limited
DRTSA/342/2024
Case brief
AI extract
What is this about?
Applicants, highest bidders in an auction, sought withdrawal of a Sale Application after agreeing to refund their 25% deposit to the respondent bank. The Debts Recovery Tribunal allowed the withdrawal, dismissing the SA as withdrawn subject to the bank's refund.
What did the court decide?
Withdrawal of Sale Application (SA no.212024) allowed; SA treated as withdrawn.