India, Oct. 26 -- The Bombay High Court recently came to the rescue of a Delhi-based company and its director, who had been deprived of ownership rights of two flats in Bandra West that they had purchased in an auction sale in April 2007. The court issued orders that would now enable them to utilise the two flats.

Justice Milind Jadhav recently noted that the company, HV Infrastructure Pvt Ltd, and its director Ajay Kumar Gupta, were deprived of membership of Swapna Safalya Co-operative Housing Society because the latter's secretary and chairman,who had not even participated in the bidding process, claimed ownership of the properties.

The company had purchased the flats in an auction sale conducted by the Recovery Officer of the Debt Re...