JABALPUR, India, Nov. 24 -- Madhya Pradesh High Court issued the following judgment/order on Oct. 28:
Learned counsel appearing for respondent no.1 submits that pursuant to the auction notice, no deposit for submitting bid by any participant was received till the closure time at 04:00 pm on 27.10.2025. He submits that in view thereof, the auction notice has lapsed. He however states that respondent no.1 reserves his right to initiate further proceedings in accordance with the liberty granted by the Debts Recovery Tribunal.
In view of the above statement, learned counsel for petitioners seeks leave to withdraw the petition with liberty to approach the Debts Recovery Tribunal for consideration of his prayer for interim relief on an early da...