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Vijaya Bank Through Gen. Manager ... vs Prithvi Bricks And Mortar Pvt. ...
2016 Latest Caselaw 6562 Bom

Citation : 2016 Latest Caselaw 6562 Bom
Judgement Date : 21 November, 2016

Bombay High Court
Vijaya Bank Through Gen. Manager ... vs Prithvi Bricks And Mortar Pvt. ... on 21 November, 2016
Bench: Anoop V. Mohta
    dgm                                           1                 11-wp-12909-16.sxw


                IN THE  HIGH COURT OF JUDICATURE AT BOMBAY
                         CIVIL APPELLATE JURISDICTION




                                                                                
                           WRIT PETITION NO. 12909  OF  2016




                                                       
    Vijaya Bank, through Gen. Manager,
    Shri Ashish Kalra                                   ....   Petitioner
          vs




                                                      
    Prithvi Bricks and Mortar Pvt. Ltd and ors.         ....    Respondents

    Mr. Madhur Rai I/by PRS Legal  for the petitioner.
    Mr. C. P. Yadav, AGP for the respondent/State. 




                                           
                    CORAM:    ANOOP V. MOHTA AND 
                                   
                              A. S. GADKARI,  JJ. 

DATE : November 21, 2016

ORAL JUDGMENT (Per Anoop V. Mohta J.):

Heard finally by consent.

2 The Petitioner undertakes to file affidavit of service within

two days, as statement is made that all the contesting

parties/respondents are served. On submission, the Petitioner is

permitted to delete Respondents 6 and 7. Amendment to be carried

out forthwith.

3 We are inclined to dispose of the present writ petition as

the submission is restricted and made that Misc. Application No CC

No.70/MISC/2016 is still pending as the learned Chief Metropolitan

Magistrate, Esplanade, Mumbai, by adjourning the matter to await

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the order of the learned Small Causes Court, Mumbai as the issue is

revolving around the tenancy/eviction from the assets/premises in

question of Respondent No.1.

4 In view of the following amended provision of Section

17(4-A) of The Securitisation and Reconstruction of Financial Assets

and Enforcement of Security Interest Act, 2002 ( for short, SARFAESI

Act), with effect from 1.9.2016, which is reproduced below, the

learned Magistrate is now required to decide the issue in accordance

with law.

"17 Application against measures to recover secured debts - (1) Any person (including borrower), aggrieved by any of the measures referred to in sub-section (4) of

section 13 taken by the secured creditor or his authorised officer under this Chapter ........

             (2)     .....
             (3)     .....
             (4)     .....





             4-A  Where -

(i) any person, in an application under sub- section (1), claims any tenancy or leasehold rights

upon the secured asset, the Debt Recovery Tribunal, after examining the facts of the case and evidence produced by the parties in relation to such claims shall, for the purposes of enforcement of security interest, have the jurisdiction to examine whether lease or tenancy. - ......."

dgm 3 11-wp-12909-16.sxw

The relevant portion of Section 14 of the SARFAESI Act is as under:

"14 Chief Metropolitan Magistrate or District Magistrate to assist secured creditor in taking

possession of secured asset. -

(1) ......

(ix) that the provisions of this Act and the rules made thereunder had been complied with:

Provided further that on receipt of the affidavit from the Authorised Officer, the District Magistrate or the Chief Metropolitan Magistrate, as the case may be,

shall after satisfying the contents of the affidavit pass suitable orders for the purpose of taking possession of

the secured assets within a period of thirty days from the date of application:

Provided further that if no order is passed by the Chief Metropolitan Magistrate or District Magistrate within the said period of thirty days for reasons beyond his control, he may, after recording reasons in writing

for the same, pass the order within such further period but not exceeding in aggregate sixty days.)"

(emphasis added) 5 In view of this, we are inclined to dispose of the writ

petition as there is no point in keeping this petition pending. The

learned Chief Metropolitan Magistrate to decide such Application in

view of the amended provisions as early as possible in accordance

with law. Order accordingly.

    6               No costs.  


    (A. S. GADKARI, J.)                                   (ANOOP V. MOHTA, J.)







 

 
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