Manju Agarwal v. Bank of Baroda
Case brief
What is this about?
The Debts Recovery Tribunal, Jaipur, quashed the auction process in a SARFAESI claim where the bid submission deadline coincided with the auction date.
What did the court decide?
Auction quashed and disposed off. Auction expenses not to be debited in applicant's account.
What the court decided
Court of the Presiding Officer Debts Recovery Tribunal, Jaipur
Item No. 25
Case No.SA/660/2025
MANJU AGARWAL Vs BANK OF BARODA
Date: 18.09.2025.
Proceedings through hybrid mode Present:
Shri Yash Sharma, Counsel for the Applicant
Shri R N Vijay, Counsel for the Respondent Bank/FI
It is a fresh SA filed on behalf of S. applicant under Section 17 (1) of SARFAESI Act, 2002 challenging the measures taken by the respondent bank under the SARFAESI Act, 2002 in respect of the property in question.
Issue notices to the respondents . Notices accepted by counsel for the respondent FI.
Counsel for the applicant submits requests for quashing of auction notice through which the auction is scheduled for today. He submits that the last date for receiving of bid and auction date is same, i.e. today. So, auction is liable to be quashed.
Issues for consideration
1 issue framed by the court
Whether the auction scheduled for the same day as the notice period is liable to be quashed.
Parties & counsel
- applicant
Manju Agarwal
- respondent
Bank of Baroda
Coram
Vimal Gupta
Case details
As recorded by the court registry
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