Court dismisses Daya Group’s writ application against People’s Bank auction (opens original article in a new tab)

The Court of Appeal dismissed Daya Group's challenge against People's Bank's auction of mortgaged properties, ruling the bank had legal rights to recover outstanding debts.

• Court of Appeal dismissed Daya Group's writ application against People's Bank auction
• People's Bank was legally entitled to proceed with recovery process
• Petitioners failed to settle outstanding liabilities despite bank's resolution