'Motivated Exercise At Behest Of Defaulting Borrowers': Delhi High Court Imposes 1L Cost On PIL Questioning Auction Sale Of Mortgaged Assets
LIVELAW NEWS NETWORK
2 April 2022 11:45 AM IST

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2 April 2022 11:45 AM IST
The Delhi High court recently imposed Rs. 1 lakh as cost on a litigant for filing a frivolous PIL with the objective of obstructing the sale of a property that was mortgaged by the borrowers (two private developers) with a financial institution to secure their loan.The Petitioner had sought action against the financial institution for allegedly sourcing huge amount of money to the illegal...
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