M/S Debraj Oil Extraction Pvt. Ltd. and Ors. v. Suprobha Reja and Ors.
Case brief
What is this about?
MAT 676 of 2025; leave to appeal; condonation of delay; Section 5 Limitation Act 1963; SARFAESI Act 2002; Section 17 SARFAESI application; Debt Recovery Tribunal; registration of conveyance; purchaser of secured asset; SARFAESI sale; borrower not party to writ; Debraj Oil Extraction Pvt. Ltd.; Suprobha Reja; Rajasekhar Mantha J.; Ajay Kumar Gupta J.; appeal and CANs dismissed.
What did the court decide?
The appellants' remedy, if any, is against the bank before the Debt Recovery Tribunal under the SARFAESI Act, 2002. ¶7