Citation : 2016 Latest Caselaw 520 Bom
Judgement Date : 10 March, 2016
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
BENCH AT AURANGABAD
WRIT PETITION NO.4651 OF 2004
1) Smt. Hansaben Champaklal Gandhi,
Age-62 years, Occu:Household,
R/o-Shahunagar, Pimprala Road,
Jalgaon, Dist-Jalgaon,
2) Sou. Veenaben Sanmukhlal Gandhi,
Age-44 years, Occu:Household,
R/o-Shahunagar, Pimprala Road,
Jalgaon, Dist-Jalgaon.
...PETITIONERS
VERSUS
1) The State of Maharashtra,
Through its Secretary,
Industrial Deptt.,
Mantralaya, Mumbai,
2) The Authorised Officer
of the Jalgaon Janata Sahakari
Bank Ltd., Jalgaon, Dist-Jalgaon.
...RESPONDENTS
...
Mr.A.G. Talhar Advocate for Petitioners.
Mr.P.S. Patil, A.G.P. for Respondent
No.1.
Mr.L.V. Sangit Advocate for Respondent
No.2.
...
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CORAM: S.V. GANGAPURWALA AND
A.I.S. CHEEMA, JJ.
DATE : 10TH MARCH, 2016
ORAL JUDGMENT [PER S.V. GANGAPURWALA, J.] :
1. Mr. Talhar, learned counsel for the
Petitioners ig states that provisions of
Securitisation and Reconstruction of Financial
Assets and Enforcement of Security Interest Act,
2002 (for short "SARFAESI Act") are not applicable
to agricultural land. The notice under Section
13(2) of the SARFAESI Act was issued in respect of
agricultural land also. According to the learned
counsel, Section 31(i) of the SARFAESI Act exempts
the agricultural land from the operation of the
said Act.
2. Mr. Sangit, learned counsel for the
Respondent No.2 Bank, on instructions, accepts
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that the property bearing Gut No.162/4 at Sawkhede
Bk. is an agricultural land.
3. In view of Section 31(i) of the SARFAESI
Act, the action under SARFAESI Act cannot be
resorted to in respect of agricultural land. The
impugned notice to the extent of Gut No.162/4 at
Savkhede Bk., admeasuring 96 R, is quashed and set
aside.
4. Rule accordingly made absolute in above
terms. No costs.
[A.I.S.CHEEMA, J.] [S.V. GANGAPURWALA, J.] asb/MAR16
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