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2018 Supreme(SC) 585

RANJAN GOGOI, R.BANUMATHI
TSR Financial Services Pvt. Ltd. – Appellant
Versus
Central Bank of India – Respondent


Advocates:
Advocate Appeared:
Mr. S.D. Sanjay, Dr. Maurya Vijay Chandra, Mr. Prem Prakash, Mr. Gaurav Agrawal, Mr. Ajit Kumar Sinha, Mr. Ashwarya Sinha, Ms. Meera Mathur, Mr. E.C. Vidya Sagar, Mr. Manish Kumar, Mr. Kumar Milind

ORDER :

1. Leave granted in the Special Leave Petitions.

2. The appellant – TSR Financial Services Pvt. Ltd. in the appeals arising out of Special Leave Petition (Civil) Nos.28335-28336 of 2015 is the auction purchaser whereas the appellant – The Bihar State Credit and Investment Corporation Ltd. (hereinafter referred to as “Financial Institution”) in the appeals arising out of Special Leave Petition (Civil) Nos.28787- 28790 of 2015 is an incorporated Financial Institution which had granted financial accommodation/credit to the borrower – M/s Deepak Electro Casting (India) Pvt. Ltd., who is respondent No.5 in appeals arising out of Special Leave Petition (Civil) Nos.28335-28336 of 2015 and respondent No.1 in appeals arising out of Special Leave Petition (Civil) Nos.28787-28790 of 2015.

3. The challenge in the present appeals is to an order of the High Court dated 20th May, 2015 by which the sale in favour of the appellant – TSR Financial Services Pvt. Ltd. (i.e. the auction purchaser) has been interdicted in Letters Patent Appeal(s) in confirmation of the order passed in the writ petition(s) by the learned single judge of the High Court. The High Court in the order(s) under challenge









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