HC dismisses Dholhiyadhoo appeal

3 hours ago

The High Court on Thursday dismissed an appeal filed against the Civil Court’s decision permitting the State Bank of India (SBI) to sell the mortgaged leasehold rights of the Dholhiyadhoo Island Resort. The Civil Court had authorised SBI to proceed with the sale for USD 9 million. A majority of the High Court bench rejected the appeal. The case was filed