Bombay high court tells bank to hand over Pune agricultural land to senior citizen who bid for it in 2008 auction
Mumbai, Sept. 24 -- The Bombay high court (HC) chided the Jankalyan Sahakari Bank for taking advantage of the auction of a property and collecting the entire consideration amount without handing over the possession of the property to the successful bidder. The bidder in the case is a senior citizen. He had approached the court after he failed to get the physical possession of the 6.8-hectare land for which he had paid the entire consideration amount in 2008 itself. The court directed the bank to ensure that the property which was occupied was vacated, and the possession handed over to the senior citizen in four weeks....
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