Legal13 May 2026, 01:31 pm
Pritika Auto: High Court Sets Aside Auction, Orders Refund (May 11, 2026)
AI Summary
Pritika Auto Industries Ltd. had bid on land and a building in Hoshiarpur, Punjab, but learned of pending litigation regarding the property. The company requested the Hon’ble High Court of Punjab & Haryana to set aside the auction, which the court granted on May 11, 2026, ordering a refund to the company.
Key Highlights
- Pritika Auto bid on property in Hoshiarpur under e-auction.
- Litigation regarding the property led Pritika Auto to request the auction be set aside.
- High Court of Punjab & Haryana set aside the auction on May 11, 2026.
- The court ordered a refund of money to Pritika Auto.