Smt Kalavathi v. Karnataka Gramin Bank
Case brief
What is this about?
Writ petition challenging a sale notice declared dishonored due to deposit of sum awarded to auction purchaser. Petitioner asked for quashing of sale certificate. Bank relaxed interest rules.
What did the court decide?
Sale certificate in favor of auction purchaser quashed. Deposit of Rs.32,06,000 transferred to respondent 2. Bank to decide on interest.