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News
Shortfall In EMD Does Not Vitiate Auction Sale If 25% Deposit Rule Is Complied With: Supreme Court
3+ week, 4+ hour ago (301+ words) The dispute arose out of a cash-credit facility extended by United Bank of India (which merged with Punjab National Bank in 2020) to M/s. Airtech Projects Engineers Pvt. Ltd. (the borrower). As of July 31, 2008, the borrower defaulted with outstanding dues of…...