IN THE HIGH COURT OF KERALA AT ERNAKULAM
MR. NITIN JAMDAR, CJ, MR. JUSTICE SYAM KUMAR V.M., J
Yagappan Franklin Paul S/o Yagappan – Appellant
Versus
State Bank Of India Sbi – Respondent
JUDGMENT :
Nitin Jamdar, C.J.
Heard Mr.Yash Thomas Mannully, learned counsel for the Appellant and Mr.Arun Thomas, representing Mr.Jithesh Menon, learned Standing Counsel for the Respondent.
2. Although the order passed by the learned Single Judge is substantially in favour of the Appellant, he has filed the Appeals aggrieved by the observations made in paragraph No.5 of the impugned order dated 4 November 2022 in W.P(C)No.30919 of 2022, which hold that that the Petitioner will not have any right to challenge the proceedings initiated under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act)and culminating in the sale, before the Debt Recovery Tribunal.
3. The learned counsel for the Respondent-Bank submitted that the petition itself ought not to have been entertained, as it was filed to challenge the measures initiated by the Respondent-Bank under the provisions of the SARFAESI Act. The Respondent relied upon the decisions of the Hon’ble Supreme Court in United Bank of India v. Satyawati Tondon and Others , [(2010) 8 SCC 110] , Agarwal Tracom (P) Ltd. v. Punjab National Bank , [(2018) 1 SCC 626] , So
United Bank of India v. Satyawati Tondon and Others
Agarwal Tracom (P) Ltd. v. Punjab National Bank
The court affirmed that statutory rights to challenge measures under the SARFAESI Act cannot be extinguished by writ issuance, directing the appellant to pursue remedies before the Debt Recovery Trib....
Writ petitions against SARFAESI proceedings not entertainable due to alternative remedy at Debts Recovery Tribunal.
Writ petitions against SARFAESI proceedings not entertainable due to alternative efficacious remedy before Debts Recovery Tribunal.
Writ petitions against recovery proceedings initiated under the SARFAESI Act are not maintainable when an efficacious alternative remedy is available before the Debts Recovery Tribunal.
Writ petitions against proceedings initiated under the SARFAESI Act are not maintainable when an efficacious alternative remedy is available before the Debts Recovery Tribunal.
Writ petitions against coercive proceedings under the SARFAESI Act are not maintainable when an efficacious alternative remedy is available before the Debts Recovery Tribunal.
Writ petitions against recovery proceedings initiated under the SARFAESI Act are generally not maintainable when an efficacious alternative remedy is available before the Debts Recovery Tribunal.
A writ petition challenging proceedings under the SARFAESI Act is not maintainable when an efficacious alternative remedy is available before the Debts Recovery Tribunal.
Writ petitions against SARFAESI actions should not be entertained due to the availability of alternative remedies.
Writ petitions under SARFAESI Act are not entertained due to availability of efficacious alternative remedies before Debts Recovery Tribunal.
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