Siri Microfin Society, v. The State of Andhra Pradesh
Case brief
What is this about?
The court quashed the authority's proposal to auction petitioner properties pending a fortnight. It directed the petitioner to approach the Debts Recovery Tribunal for redressal regarding the restructuring request and refused to stay the auction indefinitely.
What did the court decide?
Auction not to be finalized for a fortnight; petitioner permitted to apply before the Debts Recovery Tribunal.