IN THE HIGH COURT OF JUDICATURE AT BOMBAY
Tourism Finance Corporation of India Limited – Appellant
Versus
Aishwarya Chetan Khedkar @ Aishwarya – Respondent
JUDGMENT :
N.J.JAMADAR, J.
1. Rule. Rule made returnable forthwith, and, with the consent of the learned Counsel for the parties, heard finally.
2. The Petitioner – Defendant No.5 questions the legality, propriety and correctness of a judgment and order dated 24 January 2025 passed by the learned District Judge, Vadgaon – Maval, Dist. Pune, in Misc. Civil Appeal No.47 of 2023, whereby the appeal preferred by the Respondent No.1 – Plaintiff against an order dated 14 December 2023 passed by the learned Civil Judge, Sr. Division, Vadgaon, thereby rejecting the application for temporary injunction in RCS No.305 of 2023, came to be allowed by setting aside the said order and restraining the Petitioner – Defendant No.5 and Defendant Nos.1 to 4 from creating third party interest in the property bearing Survey Nos.1/1/A/1, 1/1/A/6 and 1/1/A/7 with the building housing Hotel Aishwarya Regency (the suit property), without due process of law, to the extent of the share of the Plaintiff therein, till the final disposal of the suit.
3. The Petitioner is a public limited Company. The Petitioner had sanctioned financial facilities to Aishwarya Regency LLP, a limited liability Partnership. Defendant N
Civil Courts retain jurisdiction over partition disputes despite the SARFAESI Act barring jurisdiction in matters concerning measures taken by secured creditors.
The main legal point established in the judgment is that the validity of a property transaction during the pendency of a suit is subject to the outcome of the suit, and the Court may grant injunction....
The court established that suppression of material facts regarding a mortgage can bar a civil suit under Section 34 of the SARFAESI Act.
The main legal point established in the judgment is that a plaintiff cannot suppress material facts to avoid a statutory bar and maintain a suit. The Court has the authority to consider circumstances....
The main legal point established in the judgment is the court's authority to restrain a party from alienating properties during the pendency of a civil suit, based on the principles of prima facie ca....
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.