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Allahabad HC Recalls Direction To Bank Of Baroda To Compensate Auction Purchaser Over Its 'Arbitrary' Action
Sparsh Upadhyay
20 May 2025 8:24 PM IST
The Allahabad High Court last week recalled its direction to Bank of Baroda to compensate the successful bidder (the auction purchaser) for its alleged 'arbitrary' action to return the auctioned property to the defaulting borrower (the original borrower), despite accepting the earnest money from the bidder. For context, on April 9, the court passed this order while dealing with a...
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Bank of BarodaJustice Shekhar B Saraf and Justice Dr Yogendra Kumar SrivastavaJustice Dr Yogendra Kumar SrivastavaJustice Yogendra Kumar Srivastava#Justice Dr. Yogendra Kumar Srivastava#Justice Shekhar B Saraf#Justice Shekhar B. SarafSaurabh Singh Chauhan vs. Bank Of Baroda Regional Stressed Assets Recovery Branch And Another 2025 LiveLaw (AB) 1812025 LiveLaw (AB) 181
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