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.