Sheriff P B v. Bank of Baroda
Case brief
What is this about?
Applicants challenged a sale of a mortgaged property under SARFAESI Act, claiming procedural violations regarding sale notices and inadequate reserve price. The Debts Recovery Tribunal examined submissions, evidence of notice service, valuation reports, and auction records. The Tribunal found sufficient procedural compliance, reasonable reserve price, and no evidence of collusion, dismissing the a
What did the court decide?
Application dismissed with no order as to costs.