Delhi High Court Directs Bank to Reconsider Forfeiture of Auction Deposit

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Delhi High Court Directs Bank to Reconsider Forfeiture of Auction Deposit, Highlights Equitable Considerations in Light of Subsequent One-Time Settlement and Absence of Financial Loss

Court’s Decision The Delhi High Court directed the respondent bank to consider the petitioner’s contentions as a formal representation and decide on the matter within six weeks, adhering to the…

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Rawlaw January 21, 2025

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