Sarfaesi – Security Interest (Enforcement) Rules, 2002, Rule 9 – Auction – Confirmation – Rule 9(1) does not deal with the confirmation by the authorised officer it only provides confirmation by the secured creditor – There cannot be any forfeiture until and unless the sale is confirmed by the secured creditor. [ID# 1310103]
Rakesh Birani (Dead) through LRs v. Prem Narain Sehgal, 2018 PLRonline 1309 (SC), 2018 PLRonline 1309 (SC) DOWNLOAD ...
