Case Law Analysis
|Bombay High Court
Non-Joinder of Auction Purchaser Fatal to Challenge Under Rule 107(g) of Maharashtra Co-operative Societies Rules : Bombay HC
Bombay High Court rules that failure to implead the auction purchaser in a challenge to a co-operative society auction under Rule 107(g) of the Maharashtra Co-operative Societies Rules, 1961, renders the proceedings defective. The court emphasizes strict compliance with procedural requirements, holding that even a one-day delay in depositing 15% of the bid amount invalidates the auction, reinforcing the mandatory nature of the provision.