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UPSIDA

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Delhi High Court: ‘As is where is’ clause binds auction purchaser under SARFAESI— “Bank not liable for undisclosed UPSIDA dues absent proof of concealment; suit dismissed”

Court’s decision The Delhi High Court allowed the appeal filed by a secured creditor bank and set aside the Commercial Court’s decree that had directed reimbursement of statutory dues paid…
Posted by Rawlaw February 22, 2026

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