The Debt Recovery Tribunal dismissed the applicant's special appeal as premature, holding that no cause of action arose under Section 17(1) of the SARFAESI Act while Section 14 proceedings remain pending before the District Magistrate.
Special Appeal dismissed; liberty to file fresh appeal when occasion arises.
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.
GONTD. ORDER. SHEET
PAGE NO
CASE NO
| DATE | DESCRIPTION OF THE ORDER | REMARK |
|---|---|---|
| sA444125 19.05.25 |
MSSUKIISAGARMOTORSPVT.LTD.&Ors. VS.BANKOFBARODA Advocate Shri PriyankushJain,for Applicant. Advocate Shri AbhishekAgrawal, forRespondentBank, l.On matter beingtaken Respondent raised anobjection that S.A.isnot maintainable. 2.BeingqueriedApplicantCounselinvitingattention on order dated17.12.2024passedbyHon'bleHigh CourtofM.P.inWritPetitionNo.31348/2024 submits theDistrictMagistratewasnotfollowingthe directionsissuedby Hon'ble HighCourt.Hefurther invitingattentiononorder dated13.1I.2018 passedby thisTribunalinS.A.No.42512018submits asper directionofthisTribunalapplicantshavedeposited totalinterest amount and also deposited 16 andhalf installments even thenRespondentBankcalculating absorbinginterestlikelytoobtaintheorderunder Section14ofSARFAESIActonthisground applicantshavefiled thisS.A.. |
|
| 3.RespondentCounselfurtheropposestheprayer submitstilltoday nocauseofactiontofileS.A.asper provisionofsection14(1)ofSARFAESIActarises. Sinceproceeding under Section14SARFAESIActis stillpending beforeDistrictMagistrate andnofinal orderpassed. 4.BeingqueriedRespondentCounsel apprisedafter passingorder dated13.11.2018inS.A. No.42512018 nofreshdemandnoticeorpossession noticehad issuedandproceedingunderSection14isgoingon. |
GONTD. ORDER. SHEET
PAGE NO
CASE NO
DATE DESCRIPTION OF THE ORDER
5. Since to file S.A. under provision of section t7(l) o!
SARFAESI Act no any fresh cause of action arises in
opinion of this Bench this S.A. is premature.
6. On the ground S.A. being dismissed with liberty to
file afresh whenever occasion arises.
(Ram twa atel)
Presiding Officer
D.R.T.: JABALPIJR
M.P. & CIIHATTISGARH
REMARK
1 issue framed by the court
Whether a sufficient cause of action under Section 17(1) of the SARFAESI Act has arisen to maintain the Special Appeal given that proceedings under Section 14 are still pending.
2 provisions across 1 enactments
MSSUKII SAGAR MOTORS PVT. LTD. & Ors.
BANK OF BARODA
Presiding Officer
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
