Supreme Court of India
M/s. Shilpa Shares and Securities and Ors v. The National Co-operative Bank Ltd. and Ors
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2 Supreme Court benches have cited this judgment.
From the headnote
Maharashtra Co-operative Societies Act, 1960/Maharashtra Co operative Societies Rules, 1961; Rule 107: Loan-Default in payment by borrower-Recovery by Auction sale of the property of borrower-85% of the purchase money not paid by the purchaser-Effect of-Held: Sale was not valid-Under the circumstances, the bank is directed that the property be again auction sold after proper advertising and complying with the procedure under R.107 of the Rules- Sale of Goods Act, 1930---Sale. Appellant had borrowed a loan from respondent No.I, a co-operative bank. Since the appellant was in default in
Where later benches applied it
- 2013 C.N. Paramsivan & Anr. v. Sunrise Plaza Tr. Partner & Ors.
- 2022 Deenadayal Nagari Sahakari Bank Ltd. & Another v. Munjaji and Others
Of those, 1 relied on · 1 referred to
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