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IN THE HIGH COURT OF KERALA AT ERNAKULAM
ANIL K. NARENDRAN, MURALEE KRISHNA S.TH, JJ
Jenin Daniel, S/o. Daniel Varghese – Appellant
Versus
Authorized Officer, Canara Bank – Respondent
| Table of Content |
|---|
| 1. challenge against dismissal of writ petition (Para 1 , 2) |
| 2. previous proceedings not favorable to appellant (Para 3 , 4) |
| 3. appellant seeks status quo order (Para 6 , 7) |
| 4. high court's limited jurisdiction under sarfaesi (Para 8 , 9 , 10 , 11) |
JUDGMENT
Muralee Krishna, J.
The petitioner in W.P.(C)No.28510 of 2025 filed this writ appeal under Section 5(i) of the KERALA HIGH COURT ACT, 1958, challenging the judgment dated 12.08.2025 passed by the learned Single Judge, dismissing that writ petition.
2. Going by the averments in the writ petition, in the year 2015, the appellant’s wife, Mrs. Princy, as borrower, along with the appellant’s father, Late Daniel Varghese, as guarantor, availed a credit facility of ₹75 lakhs from Canara Bank, Perumbavoor Branch (‘the Bank’ in short) for the purpose of operating a petroleum outlet under the name and style of M/s Vandanathil Petroleum, which is a sole proprietorship concern. As security for the said loan, Late Daniel Varghese had mortgaged 1.16 acres of land with all improvements in Re. Sy. No-112/1, situated at Arackappady village, in Kunnathunadu Taluk, Ernakulam District. But due to a huge financial crisis, there occurred a d
High Courts should not interfere under Article 226 in matters involving the SARFAESI Act when alternative statutory remedies are available, emphasizing judicial restraint.
Writ petitions challenging actions under SARFAESI Act are not maintainable if alternative statutory remedies are available.
A writ petition under Article 226 cannot be entertained if effective statutory remedies exist, requiring proper reasoning in interim orders issued by the court.
The High Court affirmed that the adequate remedy under the SARFAESI Act must be pursued before seeking judicial intervention, emphasizing the importance of exhausting statutory options.
The court determined that writ jurisdiction should not be invoked in loan recovery matters when statutory remedies under the SARFAESI Act are available, reaffirming the priority of legislative proces....
Statutory deposit under SARFAESI Act is mandatory for appeals; High Court should not intervene if effective remedies exist.
The High Court will not entertain writ petitions against SARFAESI proceedings unless exceptional circumstances justify intervention, and parties must exhaust statutory remedies available for debt rec....
The High Court should not interfere with SARFAESI Act proceedings when effective statutory remedies are available, emphasizing the importance of adhering to legislative intent.
High Courts should not interfere under Article 226 in SARFAESI proceedings; statutory remedies must be availed.
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