SupremeToday Landscape Ad
Back
Next
Judicial Analysis Court Copy Headnote Facts Arguments Court observation
Listen Audio Icon Pause Audio Icon
judgment-img

2014 Supreme(AP) 1216

K.C.BANU, ANIS
Neelam – Appellant
Versus
State Bank of India, Commercial Branch – Respondent


Advocates Appeared:
For Appellant/Petitioner/Plaintiff: Milind G. Gokhale
For Respondents/Defendant: Deepak Bhattacharjee, (SC)

JUDGMENT :

K.C. Banu, J.

1. This writ petition, under Article 226 of the Constitution of India, is filed to declare the action of the respondent-Bank in auctioning the property viz., House No. 9-1-44/2/1-A and 9-1-44/2/5 known as Pratap Theatre, admeasuring 5382.13 square yards or 4500 square meters built up area 18706 square feet in Survey Nos. 140 and 141 (old 144/1) of TS No. 35, situated at Langer House, Hyderabad, as arbitrary and illegal and consequently, direct the respondent-Bank to stop the auction to be held on 28.8.2014. Case of the petitioner is that her husband, who is one of the borrowers, died on 10.6.2013. The aforesaid property was owned jointly by her husband and his brother. After death of her husband, the share in the said property devolved upon her, her minor daughter and son. Without issuing fresh notice under sub-section (4) of Section 13 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (for short, 'SARFAESI Act'), the respondent-Bank is proceeding further. Hence, the writ petition.

2. Learned Counsel for the petitioner contended that in view of decision of the Honourable Madras High Court, immediately a









Click Here to Read the rest of this document

1
2
3
4
5
6
7
8
9
10
11
SupremeToday Portrait Ad
supreme today icon
logo-black

An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers

Please visit our Training & Support
Center or Contact Us for assistance

qr

Scan Me!

India’s Legal research and Law Firm App, Download now!

For Daily Legal Updates, Join us on :

whatsapp-icon telegram-icon
whatsapp-icon Back to top