Supreme Court Allows Tarja Fabs Debt Settlement Appeal

Supreme Court sets aside High Court order, allowing M/s. Tarja Fabs' appeal against Catholic Syrian Bank's property auction.
Court rules Tarja Fabs' ₹12.70 lakh payment to bank constituted full settlement, exceeding auction bid amounts plus 5%.
Auction purchasers P.C. Beemraj and R. Sekar to receive refund plus 10% interest and additional 5% compensation from bank.
Tarja Fabs ordered to pay half interest (5%) and additional 5% compensation to bank within one month, or face property resale.