Mahesh S Madhavan v. State Bank of Mysore
Case brief
What is this about?
The court held that disputes regarding whether a building was offered as security under the SARFAESI Act are not triable under Article 226. It directed the bank to provide relevant documents to the petitioner within two weeks and maintained the status quo for two months before the petitioner approaches the Debts Recovery Tribunal.
What did the court decide?
The Respondent Bank was directed to furnish evidence of SARFAESI proceedings to the Petitioner within two weeks and the status quo was maintained for two months.