Lakshmikutty v. Canara Bank Ltd.
Case brief
What is this about?
Petitioner, mother of the loanee, sought adjournment of asset sale under SARFAESI Act. Court rejected petition citing Supreme Court precedent barring non-borrower intervention and noting non-compliance with interim order to deposit dues.
What did the court decide?
Adjournment of sale of immovable properties under SARFAESI Act was rejected.