Judgment briefs
Supreme Court of India

GBJ Hotels Private Limited v. Sriharan Sripathmanathan & Ors.

During the proceedings before the High Court, the Court accepted a better price for the creditor. The offer of the GRT Hotels…

Disposed of
Court
Supreme Court of India
Decided
28 Apr 2025
Citation
[2025] 4 S.C.R. 2444
Case no.
SPECIAL LEAVE PETITION (CIVIL) No. 7301/2025
Bench
Dipankar Datta, Manmohan

Issue for consideration

During the proceedings before the High Court, the Court accepted a better price for the creditor. The offer of the GRT Hotels was accepted by Edelweiss ARCL and it was agreed that the amount deposited of GBJ Hotels would be returned. Aggrieved, GBJ Hotels filed on the ground that sanctity of the auction under the SARFAESI Act has been breached in the process.

Judgment PDF: GBJ Hotels Private Limited v. Sriharan Sripathmanathan & Ors.
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