Supreme Court · 2022 INSC 1022 · Decided 26 September 2022
Balkrishna Rama Tarle Dead THR LRS & Anr v. Phoenix Arc Private Limited & Ors
- Court
- Supreme Court of India
- Citation
- 2022 INSC 1022 · [2022] 13 S.C.R. 437
- Case number
- SPECIAL LEAVE PETITION (CIVIL) No. 16013/2022
- Decided
- 26 September 2022
- Bench
- M.R. SHAH, KRISHNA MURARI (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- SARFAESI Act Section 14, 13(2), 13(4)
Headnote
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002: s. 14 - Chief Metropolitan Magistrate or District Magistrate to assist secured creditor in taking possession of secured asset - Scope, ambit, and jurisdiction of the u/s. 14 - On facts, application u/s 14 by the secured creditor seeking assistance of designated authority for taking physical possession of the secured assets - Petitioner claiming to be a tenant in respect of the part of the secured assets sought to intervene in the said
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