Two doctors (petitioners) participated in an e-auction conducted by Indian Bank on 16.11.2022 under the SARFAESI Act and purchased a property in Kanchipuram District for Rs.1,20,88,000/-, receiving a registered sale certificate dated 17.12.2022. Subsequently, a criminal case (Crime No.3 of 2025) was registered alleging that the borrower (7th respondent, Mr.M.Ravi) had acquired the property through fabricated documents, as one Mr.S.Baskaran had impersonated the deceased father of the 6th respondent to create a bogus sale deed. The petitioners contended that the Bank failed to exercise due diligence in verifying title before accepting the property as security and conducting the auction, and sought a refund of Rs.91,29,326/- with 18% interest per annum. The Bank countered that it had conducted proper title verification, was unaware of any fraud at the time of auction, and that no refund was due unless the sale and sale certificate were formally declared void. The judgment text provided ends before the court's final decision is recorded.