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2025 Supreme(Cal) 873

IN THE HIGH COURT AT CALCUTTA
HIRANMAY BHATTACHARYYA
NCDEX e Markets Limited – Appellant
Versus
Authorised Officer, Canara Bank – Respondent


Advocates Appeared:
For the Appellants :Mr. Mainak Bose, Sr. Adv., Mr. Shoorjyo Mukherjee, Mr. Dhiraj Mehere Mr. Satyasrikant Uutha, Mr. Aditya Nair, Mr. Vishwarup Acharyya, advocates
For the Respondents: Ms. Aparajita Rao, Ms. Nabanita Dutta

Table of Content
1. preliminary objection on maintainability. (Para 1)
2. factual background of the proceedings. (Para 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9)
3. court's analysis on jurisdiction under article 227. (Para 10 , 11 , 12 , 13 , 14 , 15 , 16 , 17 , 18 , 19 , 20 , 21 , 22 , 23 , 24 , 25 , 26 , 27 , 28 , 29 , 30 , 31)
4. ratio on jurisdiction of high courts regarding appellate authorities. (Para 32 , 33 , 34 , 35 , 36 , 37 , 38 , 39 , 40 , 41 , 42 , 43 , 44)
5. conclusion and dismissal of the application. (Para 46 , 47 , 48 , 49 , 50 , 51 , 52 , 53 , 54 , 55 , 56)

Judgment :

Hiranmay Bhattacharyya, J.

1. The opposite party no. 1/Bank raised a preliminary objection against maintainability of this application under Article 227 of the Constitution of India before this Court. The preliminary objection raised by the Bank is that the petitioners are required to file instant application before the High Court within whose jurisdiction the Debts Recovery Tribunal is situated. In view thereof, the parties were invited to advance their argument on the issue of jurisdiction only.

2. Before this Court proceeds to deal with the question of jurisdiction, only the facts that are relevant for the purpose of

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