Mithlesh Malakar and Others v. Canara Bank
Case brief
What is this about?
In SA 68 of 2022, the Debts Recovery Tribunal at Patna dismissed an application under Section 17(1) of the SARF AESI Act. The applicant, son of the mortgagor, lacked locus standi as he had not secured a declaration of his coparcenary rights in the mortgaged property, rendering the legal interest non-existent.
What did the court decide?
S. application u/s 17(1) SARF AESI Act dismissed for want of locus standi.