Vasu P. Shetty v. Hotel Vandana Palace and Ors AIR 2014 SC 1947

The Hon’ble Court deduced that no logic could be made out that the Bank could be relieved from its obligation not to follow the mandatory procedure which was stated in the SARFAESI Act, 2002, and the consequences had to follow. Where there is a breach of the earlier-mentioned mandatory requirements, the sale must be considered as null and void. Thus stated, the Hon’ble Court dismissed the case and upheld the judgment of the Hon’ble High Court.

Vasu P. Shetty v. Hotel Vandana Palace and Ors AIR 2014 SC 1947 - (mylawyersadvice.com)

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