Supreme Court · 2025 INSC 177 · Decided 29 January 2025
M.S. Sanjay v. Indian Bank & ORS.
- Court
- Supreme Court of India
- Citation
- 2025 INSC 177 · [2025] 1 S.C.R. 1588
- Case number
- CIVIL APPEAL No. 1188/2025
- Decided
- 29 January 2025
- Bench
- J.B. PARDIWALA, R MAHADEVAN (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 226; SARFAESI Act Section 226
Headnote
An auction was conducted on 31.07.2007 and sale certificate was issued on 30.11.2007. The respondent no.4-guarantor questioned the validity of auction proceedings. In 2019, the High Court declared the auction to be illegal. Whether the High Court failed in noticing jurisdiction. Constitution of India - Art. 226 - Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI), 2002 - The respondent no.2 had availed of loan facility from the respondent no.1-Bank -
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