HC allows appeal against sale of property as entire procedure was subjected to challenge on frivolous grounds

FEMA, BANKING amp; INSURANCE : Where in a matter of recovery of dues by bank, borrower created hurdles by taking shelter on technicalities and when secured property of borrower was sold for realization of dues, entire procedure was subjected to challenge on frivolous grounds, appeal against impugned order passed by Single Judge setting aside sale of property was to be allowedFEMA, BANKING amp; INSURANCE : Where in a matter of recovery of dues by bank, borrower created hurdles by taking shelter on technicalities and when secured property of borrower was sold for realization of dues, entire procedure was subjected to challenge on frivolous grounds, appeal against impugned order passed by Single Judge setting aside sale of property was to be allowedwww.taxmann.com Latest Case LawsRead More

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