Mr E Sudhakar v. Repco Bank
Case brief
What is this about?
In a statutory application under Section 17 of the SARFAESI Act challenging possession proceedings, the tribunal held that the Respondent followed the required statutory procedure regarding notices and due process.
What did the court decide?
The statutory application challenging the possession proceedings was dismissed with no order as to costs.
What the court decided
IN THE DEBTS RECOVERYTRIBUNAL- I AT HYDERABAD DATED THIS THE 3RD DAY OF OCTOBER, 2025 PRESENT: GUMMADI GOPICHAND, PRESIDING oFFICER
sA.No.162./2c.23
Mr. E. Sudhakar, S/o E Bikshapati, Aged 40 years, Occ:pvt. service, H.No. 1 9-_l -92 4 / A / SS, Murali Nagar, Near Pochamma Temple, Golla Khidki, Hyderabad-SOO 064.
... Applicant
And
- M.s Repco Home Finance Ltd., Corporate office at Alexander Sqr".., fo..2,_3.a floor, Sardar patelRoad, Guindy, Chennnai_600032. Rep. by its Authorized officer
- 2.Yl. Repco Home finance Ltd., Hubsiguda branch, No.Z _149, Nagendra Nagar, Habsiguda i Road, Hyderabad-S00 007. Rep. by its Authorized oflicer
... Respondents
Counsel for the Applicant
Counsel for the Respond.ents
Si T. Ranadhir Sinoh Sri Y.Narsimha neiag
Issues for consideration
2 issues framed by the court
Whether the proceedings initiated under Section 14 of the SARFAESI Act for taking physical possession were legal and valid despite alleged procedural lapses.
Whether the secured creditor followed Rule 8(1) and (2) of the Security Interest (Enforcement) Rules, 2002 before initiating possession proceedings.
Parties & counsel
- applicant
Mr. E. Sudhakar
- respondent
M.s Repco Home Finance Ltd.
Coram
Gummidi GOPICHAND
Case details
As recorded by the court registry
All orders in this case
2 orders share this CNR
- Order 1 — this page · G. Gopichand
- Order 2 · Krishna Gopal Dwivedi
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