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2024 Supreme(Del) 311

MINI PUSHKARNA
Subhash Chand Kathuria – Appellant
Versus
Punjab National Bank – Respondent


Advocates appeared:
Mr. Bharat Bhushan with Mr. Pulkit Sanghi, Advocates, for the Petitioner.
Mr. Nitin Garg with Mr. Rahul Kumar, Advocates, for the Respondent.

JUDGMENT

Mini Pushkarna, J. (Oral)

1. The present petition has been filed seeking quashing of order dated 09th January, 2024 passed by the learned Chief Metropolitan Magistrate ("CMM") North-West, Rohini in case bearing no. CT 96/2024. It is alleged that the learned CMM has passed the aforesaid order without having the territorial jurisdiction.

2. It is submitted that the petitioner has taken a credit limit of Rs. 1,40,00,000/- from the respondent/Bank in which the respondent had kept the entire first floor with common stair case of the built-up Property No. 33, Block-D, admeasuring 200 sq. yards situated at CC Colony, opposite Rana Pratap Bagh, Delhi-110007 as a collateral security.

3. It is submitted that the loan account of the petitioner had been classified as Non Performing Asset ("NPA"), pursuant to which the respondent/Bank served a notice under Section 13(2) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, ("SARFAESI Act").

4. Subsequently, the respondent/Bank filed the case bearing no. CT 96/2024 under Section 14 of the SARFAESI Act before the learned CMM, North-West, Rohini Court to assist the secured creditor in taki

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