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2024 Supreme(Del) 290

CHANDRA DHARI SINGH
IFCI Venture Capital Funds Limited – Appellant
Versus
Srgp Corporation Limited – Respondent


Advocates appeared:
Mr. Sanjiv Kakra, Sr. Advocate with Mr. Som Raj Choudhury, Ms. Shrutee Aradhana, Advocates with Mr. Saajan Rathi, AR., for the Petitioner.; Mr. Sanjeev Bhandari, Mr. Ravi Data and Mr. Rajesh Sharma, Advocates., for the Respondent

Table of Content
1. contextual background of the parties and contract (Para 1 , 2 , 3 , 4 , 5 , 6)
2. timeline of loan defaults and moratorium (Para 7 , 8 , 9 , 10 , 11 , 12)
3. initiation of sarfaesi act measures (Para 13 , 14 , 15 , 16 , 17)
4. court jurisdiction and trial court's authority (Para 18 , 19 , 20)
5. arguments from the petitioner regarding jurisdiction (Para 21 , 22 , 25 , 26)
6. arguments from the respondent on maintainability (Para 31 , 32 , 33 , 34)
7. challenges to the validity of the order (Para 46 , 47)
8. judicial scrutiny and error assessment (Para 55 , 56 , 57 , 58 , 81 , 82)
9. decision on undervaluation and status quo (Para 88 , 89 , 90)
10. determining jurisdiction under sarfaesi (Para 94 , 98 , 100)
11. final judgment and order (Para 117 , 119 , 120 , 121)

JUDGMENT

Chandra Dhari Singh, J. - The instant civil revision petition under Section 115 of the Code of Civil Procedure, 1908 (hereinafter "CPC") has been filed on behalf of the petitioner seeking the following reliefs:

    "(a) Call the records of C.S. No. 901/2021 titled as "SRGP Corporation VS. IFCI Venture Capital Funds Limited" is pending before the Ld. Trial Court Shri Aviral Shukla, Ld. Civil Judge, District (S

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