Central Bank of India v. Kiran Shetye and Anr.
Case brief
What is this about?
Civil Revision Applications 580/2024, 590-601/2024, 133/2025, 252/2025; Central Bank of India Chembur Branch v. Vikas Kashinath Gaikwad, Ravindra B Patil, Dattatray Shrirang Lohar, Murli K Nair, Vinod Y Ovhal, Abhijit C Pulekar, Naresh Mhaskar, Kiran Shetye, Rajesh Kale, Vilas Kashinath Patil, Shankar Shravan Kamble, Amit Chakraborty, Gangadhar Kunjiram Nair, Sunil Anand Gaikwad, Kishore Karkera, Rasik and Rachana Kalyankar; Dwarka Bungalow Scheme, Survey No. 117, Taloja Majkur, Panvel, Raigad; SCS No. 57 of 2007; Agreement for Sale 07-01-2005 (Rs.17,60,000/-); Mortgage Deed 11-01-2005; DRT OA 39/2008 (order 28-04-2010); DRAT Appeal 296/2010 (order 25-11-2014); Order VII Rule 11(d) CPC; partial rejection of plaint qua one defendant; Section 18 RDB Act 1993; Section 17 RDB Act; Section 19 RDB Act; Section 34 SARFAESI 2002; Sections 13, 13(4), 17, 17(3) SARFAESI; Section 9A CPC; civil court jurisdiction vs DRT; declaratory suit for rescission of contract; mortgage not binding on developer; Prabha Jain (2025) 4 SCC 38; Bank of Rajasthan VCK Shares (2023) 1 SCC 1; Jagdish Singh (2014) 1 SCC 479; Sree Anandhakumar Mills (2019) 4 SCC 788; Mardia Chemicals (2004) 4 SCC 311; Church of Christ (2012) 8 SCC 706; Sheela Ram Vidhani (2021) 5 BCR 409; Sejal Glass (2018) 11 SCC 780; Madhav Prasad Aggarwal (2019) 7 SCC 158; Kaycee Corporation 2025 SCC OnLine Bom 1431; D. Ramachandran (1999) 3 SCC 267; Roop Lal Sathi (1982) 3 SCC 487; V. Narayanaswamy (2000) 2 SCC 294; Kum. Geetha (2024) 14 SCC 390; Maqsud Ahmad 1936; Shrihari Hanumandas Totala (2021) 9 SCC 99; Bank of Baroda Gopal Shriram Panda 2021 SCC OnLine Bom 466; CRAs dismissed; stay of trial-court proceedings rejected.