Partly allowed
RRaju Kalidoss v. Canara Bank
DRTSA/276/2026
Case brief
AI extract
What is this about?
The court directed the Respondent Bank to proceed with the e-auction of the applicant's property scheduled for 30.05.2026. However, confirmation of the sale is stayed conditionally upon the applicant remitting 15% of the outstanding amount via loan account.
What did the court decide?
Confirmation of the auction on 30.05.2026 is stayed conditionally on payment of Rs.1,96,65,498/- in two installments.