J. Rajiv Subramaniyan and Anr. vs Pandiyas and Ors.
Auction sale: Failure of bank to follow mandatory provisions of rule 8(5), rule 8(6) and rule 9(2)-Possession of property directed to be delivered to borrowers with no further liability towards bank-Upon failure of first and second respondents to repay the loan, their assets, which had been mortgaged with third respondent-bank, were classified as [LexDoc Id : 458928]