AssamSecured lendingProperty & title
After 11 years without possession, Gauhati High Court orders refund to SARFAESI auction buyer
· Reported by LawLens
LawLens reported that the Gauhati High Court directed Central Bank to refund an auction buyer who had not received possession for 11 years after a SARFAESI sale. The story matters to auction purchasers and lenders because a sale certificate is not enough if physical possession and third-party claims remain unresolved.
We have not written our own note on this one yet. The source report and, where we found it, the primary document are linked below.
Checking title on a property in Assam? Run a LegiScore title report and get the encumbrance, registration and revenue records read together.