MA 000747 / 2026

The Supreme Court granted permission to file the application and disposed of the miscellaneous application seeking modification of the previous order. The Court approved the South Indian Bank's approach to conduct a fresh auction of the hotel (which it now physically possesses after the petitioner failed to honor his undertaking), with the residential building to be auctioned only if no bidder emerges for the hotel; the petitioner may also bring a buyer for the hotel during the fresh auction process. This case analysis is maintained by casestatus.in based on publicly available court records.