Supreme Court · 2016 INSC 1007 · Decided 8 November 2016
State Bank of Patiala v. Mukesh Jain & ANR.
- Court
- Supreme Court of India
- Citation
- 2016 INSC 1007 · [2016] 8 S.C.R. 427
- Case number
- CIVIL APPEAL No. 210/2007
- Decided
- 8 November 2016
- Bench
- ANIL R. DAVE, L. NAGESWARA RAO (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- CPC; SARFAESI Act Section 34
Headnote
427 STATE BANK OF PATIALA v. MUKESH JAIN & ANR. (Civil Appeal No. 210 of2007) NOVEMBER 08, 2016 [ANIL R. DAVE AND L. NAGESWARA RAO, JJ.) A B Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 - ss. 13(4), 17 and 34 - Suit against proceedings debars the jurisdiction of the Tribunal in respect of debts below Rs. JO lakhs - Held: The jurisdiction of civil court is barred in respect of action taken under the SARFAESl Act and the remedy available is before the Tribunal under DRT Act - As per s. I (4) of DRT Act, D provisions of DRT Act
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