The High Court of Delhi dismissed a writ petition seeking to restrain State Bank of Travencore from taking coercive measures under the SARFAESI Act while a restructuring proposal was pending. The Court held that the petitioners failed to establish a breach of RBI guidelines.
The writ petition was dismissed.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
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Through: Ms. Kaadmri Singh Puri & Ms. Hrishika Pandit, Advs.
STATE BANK OF TRAVENCORE AND ORS. ..... Respondents Through: Mr. Jai Mohan, Adv. for R-1. Mr. Sanjeev Sagar & Mr. Jasvin Dhama, Advs. for R-3.
CORAM:
HON'BLE MR. JUSTICE RAJIV SAHAI ENDLAW
O R D E R
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W.P.(C) 5788/2015
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W.P.(C) 5788/2015
W.P.(C) 5788/2015 Page 3 of 4
the contention of the respondent no.1 SBT that this petition is not maintainable for this reason alone.
RAJIV SAHAI ENDLAW, J
MAY 03, 2016 ‘gsr’ ..
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W.P.(C) 5788/2015
1 issue framed by the court
Whether the petitioners can restrain banks from coercive measures while a re-structuring proposal is pending.
Colour shows how this judgement treated each authority
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M/S. KUNJ FORGINGS PVT. LTD. AND ORS.
STATE BANK OF TRAVENCORE AND ORS.
RAJIV SAHAI ENDLAW
As recorded by the court registry
A petition under Article 226 of the Constitution asking a High Court to issue a writ against the State or a public authority in a civil matter.
Judgements on the same questions, provisions and authorities, from every court
