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SARFAESI Rule 9(4) | Full Payment Within Timeline Completes Sale; Pending Registration Doesn't Revive Borrower's Redemption Right : Delhi HC
Case Law Analysis
|Delhi High Court

SARFAESI Rule 9(4) | Full Payment Within Timeline Completes Sale; Pending Registration Doesn't Revive Borrower's Redemption Right : Delhi HC

The Delhi High Court held that a SARFAESI auction sale becomes final upon full payment within the Rule 9(4) period, extinguishing the borrower's redemption right irrespective of pending sale certificate registration before the DRT. The ruling secures auction purchasers' rights and clarifies that procedural delays in registration cannot reopen redemption.