SARFAESI bank auctions
When a borrower defaults, a secured lender can take possession of the mortgaged asset and sell it through a public auction after issuing statutory notices.
Guide
How bank and NCLT auctions work
Different laws drive different auction types, but the buyer's journey is broadly the same.
NCLT / IBC liquidation sales
In liquidation, an appointed liquidator sells company assets through e-auction under the insolvency framework, often in lots.
Government and PSU disposals
Departments and public undertakings auction surplus land, vehicles and equipment through official portals.
The common sequence
Notice published → inspection window → EMD and registration → e-auction with timed bid increments → highest bid confirmed → balance payment → sale certificate.