HIGH COURT OF RAJASTHAN (JODHPUR BENCH)
KULDEEP MATHUR
M/S JM FINANCIAL ASSET RECONSTRUCTION COMPANY LIMITED – Appellant
Versus
TEJA RAM – Respondent
CW / 6696 / 2026
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[2026:RJ-JD:14455]
HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JODHPUR
S.B. Civil Writ Petition No. 6696/2026
M/s JM Financial Asset Reconstruction Company Limited, Through Its Authorized Officer Yashpal Singh S/o Shri Uttam Singh Rawat, Aged About 34 Years, Having Office At Registered Office - 7Th Floor, Cnergy, Appasahed Marathe Marg, Prabhadevi,
Mumbai - 400025.
----Petitioner Versus
1. Teja Ram S/o Rana Ram Meghwal, Resident Of Meghwalo Ki Dhani, Jelu Gagri Tehsil Tiwari, Jodhpur.
2. Gulab Devi W/o- Teja Ram, Aged About 26 Years, Resident Of Meghwalo Ki Dhani, Jelu Gagri Tehsil Tiwari,
Jodhpur.
3. Superintendent Of Police, Jodhpur (Rajasthan).
4. Station House Officer (S.h.o.), Police Station Mathaniya, District Jodhpur East (Rajasthan).
----Respondents
For Petitioner(s) : Mr. Chirag Mathur Mr. Nikhil Ajmera
HON'BLE MR. JUSTICE KULDEEP MATHUR
Order
27/03/2026
1. Learned counsel for the petitioner submits that the controversy raised in the present writ petition is no more res integra in view of the judgment passed by a co-ordinate Bench of this Court in S.B. Civil Writ Petition No.10092/2025 (HDFC Bank Limited Vs. State of Rajasthan and Ors.) decided on
05.08.2025.
2. Learned counsel for the petitioner submits that the present writ petition may also be disposed of in the same terms as HDFC
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##PAGE2##[2026:RJ-JD:14455] (2 of 5) [CW-6696/2026] Bank Limited Vs. State of Rajasthan and Ors (supra). The order passed in the said writ petition is reproduced herein below:-
“Heard learned counsel for the petitioner.
The present writ petition has been filed by the petitioner seeking following reliefs:
“A. Issue of a Writ in the nature of Mandamus for directing the Respondent no. 2 "Ld. District Collector, Chittorgarh" to forthwith and or/and within such time as this Hon'ble court may deem fit and proper to render necessary assistance with the aid and assistance of Respondent no.3 to 4 for restoration of the secured asset to HDFC Bank Ltd. (Petitioner Bank) in terms of the order dated 26/09/2017 (Annexure-4) passed under section 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest
Act, 2002; and/or
B. Issue an appropriate Writ or order to declare that the Respondent nos. 5 to 7 have violated the mandate of SARFAESI Act, 2002 thereby forcefully and unlawfully divesting/dispossessing the Petitioner Bank from secured asset and further declare the Respondent no. 3 need to honor the order dated 26/09/2017 passed by the Respondent no.2, under section 14 of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002;
and/or C. Issue a Writ in the nature of Mandamus thereby directing the Respondent no. 3 and 4 to consider the Complaint dated- 13/12/2024 & 19/12/2024 (Annex+9 preferred by Petitioner Bank and register an FIR against the respondent borrowers, who have illegally
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##PAGE3##[2026:RJ-JD:14455] (3 of 5) [CW-6696/2026]
dispossessed the Petitioner Bank from the Secured asset and has tried to overreach the law as well as the orders passed by judicial authorities, which has to be nipped in the bud right away, lest the rule of law shall suffer;
and/or D. By an appropriate writ(s), order(s), or direction(s) impose the cost against the respondent borrowers as well as state instrumentalities for inaction and the said cost may be directed to be given to the petitioner-
Bank;”
Mr. Himanshu Choudhary, learned counsel for the petitioner submits that the petitioner is a financial institution and it had granted loan in favour of the respondent No.5- M/s. Annu Transport-borrower and respondent No.6- Gajanand Sharma- co-borrower and the respondent No.7 was the guarantor. Since, the loan amount was not repaid by the respondent No.5 & 6, therefore, it was declared as NPA and proceedings under Securitization and Reconstruct
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