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2009 Supreme(All) 2932

[2009(10) ADJ 203 (DB)]
ALLAHABAD HIGH COURT
BEFORE : S.P. MEHROTRA AND ASHOK SRIVASTAVA, JJ.
VIRENDRA KUMAR JAISWAL ...Petitioner
Versus
CHIEF METROPOLITAN MAGISTRATE, KANPUR NAGAR AND ANOTHER ...Respondents
(Civil Misc. Writ Petition No. 42991 of 2009, decided on 20th August, 2009)

Advocates:
Counsel :
Ramendra Asthana, Rajendra Jaiswal for the Petitioner; S.C. for the Respondents.

Headnote:Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002—Sections 13(2), 13(4), 14(3), 17—Procedure under—Bank loan—After expiry of period mentioned in notice, an application for loan was filed by respondent under Section 14 for assistance for taking possession of property given as security for aforesaid loan—C.M.M., Kanpur accepted prayer for giving assistance for delivery of possession of property given in security—Subsequently, petitioner filed an application before C.M.M. Kanpur praying for rectification of said order, but was rejected by C.M.M., Kanpur—Hence, petition—Held, open to petitioner to file an application/appeal before D.R.T. under Section 17 of Act of 2002 against measures taken under Section 13(4) of Act of 2002—Order passed under Section 14 is merely a consequential order—Petitioner, thus, has an alternative remedy under Section 17 of Act of 2002—Thus, petition liable to be dismissed on ground of alternative remedy to petitioner under Section 17 of Act of 2002. [Paras 9 to 16]

       Result; Petition Dismissed.

       

JUDGMENT

By the Court.—The present writ petition has been filed, inter-alia, praying for quashing the order dated 6.7.2009 ( Annexure 9 to the writ petition) and the order dated 4.8.2009 ( Annexure 12 to the writ petition ) passed by the Chief Metropolitan Magistrate, Kanpur Nagar, respondent No. 1.

2. It appears that the proceedings under the provisions of The Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, were initiated against Yogendra Kumar Jaiswal, Shiv Kanya Devi and Saurabh Jaiswal in respect of loan taken from the respondent No. 2.

3. After the expiry of the period mentioned in the notice issued under Section 13(2) of the aforesaid Act, measures were taken under Section 13(4) of the said Act in respect of the property given as security for the said loan. An application (Annexure 6 to the writ petition) was filed by the respondent No. 2 under Section 14 of the aforesaid Act for assistance for taking possession of the property given as security for the aforesaid loan.

4. The Chief Metropolitan Magistrate, Kanpur Nagar passed an order dated 6.7.2009 (Annexure 9 to the writ petition) accepting the prayer for giving assistance for the delivery of possession of the property given in security.

5. Subsequently the petitioner herein filed an application (Annexure 10 to the writ petition) before the Chief Metropolitan Magistrate, Kanpur Nagar, inter-alia, praying for rectification of the said order dated 6.7.2009. By the order dated 4.8.2009 (Annexure 12 to the writ petition), the Chief Metropolitan Magistrate, Kanpur Nagar has rejected the said application filed by the petitioner. The petitioner has, thereafter, filed the present writ petition seeking the reliefs as mentioned above.

6. We have heard Sri Ramendra Asthana, learned counsel for the petitioner.

7. It is submitted by Sri Ramendra Asthana, learned counsel for the petitioner, that the first floor of the property in question belongs to the petitioner, and the possession of the said floor cannot be taken in regard to the aforesaid recovery.

8. We have considered the submissions made by the learned counsel for the petitioner.

9. The order dated 6.7.2009 was passed by the Chief Metropolitan Magistrate, Kanpur Nagar on an application filed under Section 14 of the aforesaid Act for giving assistance in taking possession of the property given in security for the aforesaid loan. The said order dated 6.7.2009 has thus been passed on the application under Section 14 of the aforesaid Act for executing the measures under sub-section (4) of Section 13 of the aforesaid Act. The order dated 4.8.2009 has been passed rejecting the prayer made by the petitioner for rectifying the said order dated 6.7.2009.

10. The proceedings under Section 14 of the aforesaid Act are taken for executing the measures as are taken by the second creditor under sub-section (4) of Section 13 of the said Act.

11. Sub-section (3) of Section 14 of the aforesaid Act provides that no act of the Chief Metropolitan Magistrate or the District Magistrate done in pursuance of the said Section shall be called in question in any Court or before any Authority.

12. In view of this, the action taken under Section 14 of the aforesaid Act attains finality.

13. Section 17 of the aforesaid Act, inter-alia, provides that any person (including borrower), aggrieved by any of the measures referred to in sub-section (4) of Section 13 taken by the second creditor or his authorised officer, may make an application/appeal to the Debts Recovery Tribunal.

14. In view of the above while it is not open to the petitioner to challenge the order dated 6.7.2009 passed by the Chief Metropolitan Magistrate under Section 14 of the aforesaid Act by filing an application/appeal under Section 17 of the said Act, it is still open to the petitioner to file an application/appeal before the Debts Recovery Tribunal under Section 17 of the aforesaid Act against the measures taken under sub-section (4) of Sectio







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