Manikandan v. Special Sale Officer
Case brief
What is this about?
In a writ petition concerning a sale notice for property auction due to a loan default, the High Court disposed of the pending 7-year petition after noting an interim stay. The court granted liberty to approach the bank regarding installment payments but clarified that settled transactions cannot be re-opened.
What did the court decide?
The writ petition is disposed of leaving open the liberty to request the bank for installment payment options; proceedings shall not be re-opened if the transaction is settled.