Punjab National Bank v. M/S. Maxollin Developer Pvt. Ltd. Co.
Case brief
What is this about?
Karnataka High Court (Bengaluru), WP No. 2558 of 2026 (GM-DRT), decided 03.06.2026, single Judge bench (Ms. Justice Jyoti M). Petitioner: Punjab National Bank, Asset Recovery Management Branch, Bengaluru; Respondents: M/s. Maxollin Developer Pvt. Ltd. Co. and three individuals (R2 served and unrepresented). Bank sought certiorari against the order dated 15.12.2025 of the VIIIth Additional Chief Judicial Magistrate dismissing its Section 14 SARFAESI application (Crl.Misc.No.8314/2025); an earlier application (Crl.Misc.No.6432/2024) had been dismissed on 07.05.2025. Held: Section 14 SARFAESI orders are not amenable to challenge under writ jurisdiction; alternate remedy is appeal before the DRT. Petition dismissed. Keywords: Section 14 SARFAESI, writ jurisdiction bar, alternate remedy DRT, certiorari, Chief Judicial Magistrate Bengaluru.
What did the court decide?
Orders passed under Section 14 of the SARFAESI Act cannot be questioned under writ jurisdiction, the law having been so laid down by the Apex Court in catena of decisions.