Tag: Auction

Public Property to be Sold at Market Valuation By Conducting a Fair and Transparent Auction

The Hon’ble Supreme Court (“SC”) in the matter of City Montessori School v. State of Uttar Pradesh And Ors[i]. reiterated its prior observation made in Akhil Bhartiya Upbhokta Congress v. State of Madhya Pradesh and

Mandatory for Bank to inform all auction participants about encumbrances on Property to be auctioned

In a judgment passed on 30/11/2022 by the Hon’ble High Court of Jammu and Kashmir in Writ Petition (C) No. 456/2021 – S K Bakshi v/s. Punjab National Bank and Ors., it was held that