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LOST PROPERTY AUCTION
Bank auctioned pledged land after borrower defaulted but buyer took 2 years to pay 75% money; borrower cleared the dues, fought and won the case in SC to get his land backThe Supreme Court agreed with the Madras High Court's call to cancel the auction of Mr. Rama's family property. The bank was trying to sell...- Why Amazon has struggled to crack IndiaAmazon's India strategy is changing: under new leadership, the company is focusing on profitability over rapid growth. This shift comes as ...
- Titanic relic frozen in time quite literally: Titanic passenger's 18K Gold watch frozen at sinking moment up for auction—here's what it costsA rare 18-carat gold watch, frozen at the exact moment the Titanic sank, is up for auction. Belonging to first-class passenger Frederick Su...
- Missed home loan EMIs? Law gives you 105 days before bank can start auction of your houseHomeowners get a 105-day window before banks can auction their property for missed EMIs. This period follows the SARFAESI Act and RBI rules...
- One layoff. 3 missed EMIs. Bengaluru CA shares how her neighbour lost Rs 1.2 crore flatA Bengaluru resident lost his Rs 1.2 crore flat after missing just three EMIs following a job loss. The bank auctioned the property for Rs ...
- From mobile phones to cooked frogs, inside London's biggest lost property officeSlightly smaller than a football pitch, the warehouse, packed full of rows of sliding shelves, is the biggest lost property office in Europ...
- Buyer of bank auctioned property discovers massive unpaid bills, files case against bank but gets no relief in HC; lessons for buyersA homebuyer lost a case in the Allahabad High Court after discovering unpaid water and RWA maintenance bills on a property bought via bank ...
- From gold bangles to belts, the bizarre items on auction at Sydney AirportSydney Airport held its yearly lost property auction. Many unclaimed items were up for sale. These included jewellery, electronics and hous...
- FinMin launches BAANKNET, e-BKray to enhance PSU bank e-auctions for asset salesNew Delhi, The Finance Ministry has launched a revamped e-auction portal 'BAANKNET' to enhance transparency and efficiency in disposing of ...
- NSEL scam in Mumbai: 95% of small investors get money backThe city police, probing the Rs 5,400-crore National Spot Exchange Limited (NSEL) cheating case, have till date auctioned over a dozen prop...
- Simpler tender for Taj Mansingh Hotel awaitedAs per the tender conditions at least three bidders were required for the auction to proceed. The hotel is popularly known as Taj Mansingh.
- Supreme Court orders status quo in Taj Mansingh hotel auction processIHCL had earlier approached the single judge bench seeking a decree of permanent injunction restraining the NDMC from interfering in any ma...
- NSEL scam: Centre asks Maharashtra government to expedite attached assets auctionMaharashtra govt issued a fifth Gazette notification on March 17 for attachment of 151 properties worth Rs 358.46 crore, the total value of...
- SBI to auction Kingfisher House on March 17The e-auction will be done under Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act,...
- Sahara group says it cannot pay Rs 36,000 crore in 18 months timeSebi had asked Sahara to pay the dues to its investors after declaring the two schemes illegal. Sahara later lost its case against the orde...
- Maharashtra mulls action against bogus chit fund companies under MPID ActChit fund companies operating in Maharashtra have come under the scanner of the state government, which is considering to take strict action
- KBC chit fund founder's properties sealed: Devendra FadnavisFadnavis said the police had arrested the fund owner and seized his passport, but he managed to get court relief and has now fled to Singap...
- Blue Coast Hotels threatens to challenge auction of Park Hyatt hotel in GoaIn a regulatory filing on Monday citing IFCI, ITC said its bid of Rs 515 crore was the highest for the 250-room beach hotel.
- CESC expects clarifications on coal mine auction in few weeksThe RP-Sanjiv Goenka group company CESC Ltd today expressed hope that clarifications on coal mine auctions will be available in the next fe...
- What to do if you can’t pay your home loan EMIHere’s how the bank will react to the situation and how you can negotiate with it to resolve it.
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