B. R. GAVAI, RAJESH BINDAL, SANDEEP MEHTA
PHR Invent Educational Society – Appellant
Versus
Uco Bank – Respondent
JUDGMENT :
B.R. GAVAI, J.
1. Leave granted.
2. This appeal challenges the order dated 4th February 2022, passed by the Division Bench of the High Court for the State of Telangana at Hyderabad in Writ Petition No. 5275 of 2021, whereby the High Court disposed of the writ petition filed by Dr. M.V. Ramana Rao, respondent No. 3 herein (hereinafter referred to as ‘the Borrower’). The High Court set aside the order dated 2nd February 2021, passed by the Debts Recovery Tribunal-II at Hyderabad (hereinafter referred to as ‘DRT’) and allowed Miscellaneous Application (M.A.) No. 97 of 2020 in Securitization Application (S.A.) No. 1476 of 2017 filed by the Borrower for the restoration of the said S.A. No. 1476 of 2017 filed by him under Section 17 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (‘SARFAESI Act’ for short). The Borrower had filed S.A. No. 1476 of 2017 against the Notice dated 2nd September 2017 issued by the UCO Bank (hereinafter referred to as the ‘Respondent-Bank’) for the sale of his mortgaged properties which was to be conducted by the Authorized Officer (Respondent No.2) of the Respondent-Bank in light of the defaul
United Bank of India v. Satyawati Tondon and Others
Celir LLP v. Bafna Motors (Mumbai) Private Limited and Others
South Indian Bank Limited and Others v. Naveen Mathew Philip and Another
State of U.P. v. Mohammad Nooh
Agarwal Tracom Private Limited v. Punjab National Bank and Others
Authorized Officer, State Bank of Travancore and Another v. Mathew K.C.
Phoenix ARC Private Limited v. Vishwa Bharati Vidya Mandir and Others
Varimadugu OBI Reddy v. B. Sreenivasulu and Others
United Bank of India v. Satyawati Tondon
Dwarika Prasad v. State of Uttar Pradesh and Others
Commissioner of Income Tax and Others v. Chhabil Dass Agarwal
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.